On March 11, the BMW Group released its 2021 performance data. In terms of the most critical profits of listed companies, bmw group gross profit and net profit achieved 16.06 billion euros and 12.46 billion euros respectively, an increase of more than 200% and hit a record high; in the field of new energy vehicles with industry vane and group transformation guidance significance, bmw group's new energy products market share increased to 13% that year, which was the best performer among major luxury car companies.
Following the BMW iX launch in 2021, the i4 will be available this year
Bmw Group's performance data released today shows that the group's pre-tax income achieved strong growth in 2021, reaching a record high of 16.06 billion euros, an increase of 207.5% year-on-year. Net profit also set a new record at 12,463 million euros, up 223.1% year-on-year.
In the most core automotive segment, revenue increased by 18.1% to EUR 95,476 million. It is worth noting that bmw group brands delivered a total of 2.52 million vehicles during the same period, an increase of 8.4% year-on-year. The simplest interpretation is that the BMW Group's bicycle sales revenue has increased significantly. Industry insiders pointed out that this reflects that BMW's strategy of developing luxury medium and large cars has seen results. Taking the latest flagship model X7 as an example, in 2021, bmw X7 sales will exceed 33,000 units in the two main markets of luxury medium and large cars in China and the United States.
On the main battlefield of corporate strategic transformation, the breakthrough made by BMW Group in the field of new energy vehicles last year is also worthy of attention.
In 2021, bmw group new energy product sales accounted for 13% of the world's total sales, the highest market share among the three traditional luxury brands, and its profitability has been greatly enhanced. According to previously released data, BMW Group's pure electric vehicle sales exceeded 100,000 in 2021, an increase of 133% year-on-year.
In order to provide a technological impetus for corporate transformation, the BMW Group has maintained high investment in research and development for many years. In 2021, its total investment in research and development amounted to 6.299 billion euros, an increase of 10.7% over the previous year. R&D investment in 2021 will be mainly in areas related to new vehicle architectures and electric product offensives, as well as digital products and autonomous driving research and development.
Chiptzer, Chairman of the BMW Group, said: "The business development in 2021 proves that the transformation of the BMW Group has begun to bear fruit. We adhere to the established strategy of delivering the right product to the market at the right time. At the same time, our team works closely together to overcome difficulties. For the BMW Group, radical transformation and beautiful financial performance can go hand in hand. ”
Chiptzer, Chairman of the BMW Group
Wen Yang Zheng
Editor/Chen Zhengzhong