BMW 2007 Annual Report Download - page 36

34 Group Management Report
10 Group Management Report
10 A Review of the Financial Year
13 General Economic Environment
17 Review of Operations
41 BMW Stock and Bonds
44 Disclosures relating to Takeover
Regulations and Explanatory Report
47 Financial Analysis
47 – Internal Management System
49 – Earnings Performance
51 – Financial Position
52 – Net Assets Position
55 – Subsequent Events Report
55 – Value Added Statement
57 – Key Performance Figures
58 – Comments on BMW AG
62 Risk Management
68 Outlook offer benefits when driving on non-urban roads and
motorways.
Since September 2005, the BMW Group has
been working on a modular system for hybrid-driven
vehicles in collaboration with Daimler, Chrysler and
General Motors at a joint development centre near
Detroit, USA. The objective of these cooperation
arrangements is to bundle the extensive know-how
held by each of the entities involved, exploit benefits
and realise potential efficiency improvements.
In September 2007 the BMW Group presented
its hybrid car, the BMW Concept X6 ActiveHybrid,
at the Frankfurt International Motor Show (IAA) in
Frankfurt. The drive concept of this vehicle, which
will go into series production at the end of 2009,
offers a far more dynamic driving performance than
conventional hybrid cars. At the same time, the
ActiveHybrid requires up to 20 % less fuel than a
comparable car powered only by a combustion
engine. With this development, EfficientDynamics is
moving closer to its objective of sustainable mobility.
Shaping the future with hydrogen
In the third phase of its EfficientDynamics strategy,
the BMW Group remains committed to the use
of renewably produced hydrogen in combustion en-
gines. Major milestones for the BMW Group were
the commencement of series development of a
hydrogen-powered vehicle in 2001 and the presen-
tation of the BMW Hydrogen 7 at the end of 2006.
The BMW Hydrogen 7 is the world’s first hydrogen-
driven luxury sedan designed for everyday use and
is equipped with a bivalent combustion engine that
can be fuelled by either petrol or hydrogen. This
car has gone through the full series development
process and has now been approved for road use.
The Hydrogen 7 therefore meets all requirements
stipulated for conventional road vehicles. The 100
cars of the BMW Hydrogen 7 small series have been
made available to selected persons from politics,
business and other areas of society for general daily
use since April 2007 with the aim of creating a mul-
tiplier effect. In addition, numerous celebrities from
the film world and show business are taking the
opportunity to experience the future of mobility by
taking a drive in a BMW Hydrogen 7. Within a few
months, these pioneers of hydrogen technology
have covered more than 2.7 million kilometres in
Europe, the USA and other regions of the world with
the BMW Hydrogen 7.
Development of CO2 emissions of BMW Group cars in Europe (EU-15)
(Index: 1995 = 100; Basis: fleet consumption of newly registered cars in Europe (EU-15) measured on the basis of the New European Driving Cycle in accordance
with the ACEA commitment)
105
100
95
90
85
80
75
95
100.0
96
101.0
97
102.4
98
101.0
99
98.6
00
96.7
01
96.7
02
92.9
03
92.9
04
94.8
05
90.0
06
88.6
07
80.0
Diesel engines with third-generation
common rail and lightweight construction
Air flap control
Gear shift
indicator
Roll resistance-reduced
tires
Brake Energy
Regeneration
Additional devices (demand-con-
trolled fuel, coolant and oil pumps)
Petrol engines with High Precision
Injection and lean operation
Auto Start Stop
Function
The BMW EfficientDynamics measures – an overview
Electric steering
assistance