BMW 2006 Annual Report Download - page 23

22 Group Management Report
10 Group Management Report
10 A Review of the Financial Year
12 General EconomicEnvironment
15 Review of operations
38 BMW Stock and Bonds
41 Disclosures pursuant to §289 (4)
and §315 (4) HGB
43 Financial Analysis
43 – Internal Management System
44 – Earnings performance
46 – Financial position
48 – Net assets position
50 – Subsequent events report
50 – Value added statement
53 – Key performance figures
54 – Comments on BMW AG
58 Risk Management
62 Outlook
tance tourer, followed by the F 650 GS which, de-
spite nearing the end of its model-life cycle, never-
theless took third position. Including the Dakar
version,12,511 units of this enduro were handed
over to customers.
Model initiative continued
The Motorcycles segment’s performance in 2006
was positively influenced by the continuation of its
model initiative. Two new BMW motorcycles – the
long-distance enduro R1200 GS Adventure and
the sporty long-distance K1200 GT Tourer – were
launched in the first quarter 2006, followed in the
second quarter by the R1200 S Sport Boxer and
the new, sporty F 800 S. Following the market intro-
duction of the R1200 R Roadster in September,
the whole range of the Boxer model series is now
available on the markets.The F800 ST Sport Tourer,
designed more as a touring bike based on the
F 800 S, also followed in September. Alongside the
well-established single-cylinder, boxer and four-
cylinder models, these new motorcycles enhance
BMW’s motorcycle range within the highly competi-
tive middle class with an in-line twin engine.
The Motorcycles segment will again continue
its model initiative in 2007. The first new models to
come onto the market in 2007 were presented
back in October 2006 at the world’s largest
motor-
cycle fair, INTERMOT, in Cologne.The BMW Group
presented a completely new single-cylinder model
range at that fair. The G650 Xcountry Scrambler,
the G 650 Xchallenge Hard-Enduro and the
G 650 Xmoto Streetmoto are all based on the
same underlying technology, yet are each com-
pletely different in character. In addition, the K model
range has been expanded by the K1200 R Sport
version, which is equipped with a sporty and
dynamic fairing. In addition, the HP2 Megamoto
(based on the HP2 Enduro) will compliment the
exclusive HP (High Performance) range of the Motor-
cycles segment.
Motorcycle production well ahead of previous
year’s volume
For the first time in its corporate history, the BMW
Group manufactured more than 100,000 BMW mo-
torcycles in a single financial year. Of the103,759
BMW motorcycles produced in 2006 (+12.8% com-
pared to the previous year), 101,352 units were
manufactured at the BMW Berlin plant, also a new
record for that plant. Furthermore, since September
2006, BMW motorcycles for the new G650 X
single-cylinder series are being manufactured by
Piaggio S.p.A. in Noale, Italy. During the year under
report, 2,407 units came off the production line
there.
BMW motorcycles in 2006 – analysis by series
as a percentage of sales volume
R Series
F Series
K Series
18.6
60.3
21.1