BMW 2014 Annual Report Download - page 32

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18 COMBINED MANAGEMENT REPORT
18 General Information on the BMW Group
23 Report on Economic Position
23 General and Sector-specific
Environment
26 Overall Assessment by Management
26 Financial and Non-financial
Performance Indicators
29 Review of Operations
29 Automotive Segment
35 Motorcycles Segment
36 Financial Services Segment
38 Research and Development
40 Purchasing
41 Sales and Marketing
44 Workforce
45 Sustainability
49 Results of Operations, Financial
Position and Net Assets
61 Comments on Financial Statements
of BMW AG
64 Events after the End of the
Reporting Period
65 Report on Outlook, Risks and
Opportunities
82 Internal Control System and Risk
Management System Relevant for the
Consolidated Financial Reporting Process
83
Disclosures Relevant for Takeovers
and Explanatory Comments
87 BMW Stock and Capital Markets day and almost 370,000 over the full year under report.
Production of the BMW 4 Series Gran Coupé began in
February. Assembly lines at the Dingolfing plant are
therefore now making a total of 17 models, belonging to
five different BMW series. In February the plant cele-
brated a production record following construction of
the nine-millionth BMW car at that location. As part of
the plant’s modernisation, measures in 2014 included
further work on new bodymaking facilities at the site. A
new supply centre for vehicle assembly, a high-speed
servo press and a production facility for axle brackets
were all put into operation. Two new production lines
were added in October to manufacture high-voltage
power storage systems and electric motors for the BMW
Group’s future plug-in hybrids.
The Leipzig plant continued to recruit new personnel
in order to keep pace with the increased expertise and
manpower capacity needed, both for BMW i models
and for conventional production. In July, the four-thou-
sandth employee was welcomed to the plant. In May,
series production of the BMW i8 commenced, followed
by the BMW 2 Series Active Tourer in July. In October,
the 1.5-millionth BMW was manufactured at the plant
since production first began in 2005. Production of the
BMW 2 Series Convertible began in November.
At the Regensburg plant, production of the BMW M3
Sedan began in February and the first BMW M4
Convertible models were manufactured there in July.
The enlargement of the pressing plant was completed
and the bodymaking facility expanded to include a
second production line. At the same time, a new supply
centre went into operation.
The BMW Group plant in Wackersdorf celebrated its
25th anniversary in 2014. In July, a new building and a
new production facility for processing CFRP matting
was taken into service.
Expansion work at the Eisenach plant also began in
July. The existing buildings and production floor space
are due to be enlarged to accommodate future vehicle
projects and new technologies. Moreover, a state-of-the-
art servo press is being installed.
The components plant in Landshut is making the electric
motor, the complete plastic outer skin, CFRP structural
body parts and lightweight metal die-cast parts for the
BMW i8 hybrid sports car. The plant’s lightweight die-
cast metal facilities celebrated their 25th anniversary in
2014 and remain the only unit within the BMW Group
producing such parts. The components plant has adopted
Vehicle production of the BMW Group by plant
in units
2014 2013 Change Proportion of
in % production in %
Munich 228,126 247,330 – 7.8 10.5
Dingolfing 369,027 342,629 7.7 17.0
Regensburg 272,015 295,417 – 7.9 12.6
Leipzig 211,434 186,695 13.3 9.8
Rosslyn 68,771 65,646 4.8 3.2
Spartanburg 349,949 297,326 17.7 16.2
Dadong1 143,390 126,888 13.0 6.6
Tiexi1 144,076 88,032 63.7 6.7
Oxford 179,318 175,986 1.9 8.3
Graz (Magna Steyr)2 113,401 125,559 – 9.7 5.2
Born (VDL Nedcar)2 29,196 – – 1.3
Goodwood 4,495 3,354 34.0 0.2
Assembly plants 52,368 51,504 1.7 2.4
BMW Group 2,165,566 2,006,366 7.9 100.0
1 Joint venture BMW Brilliance Automotive Ltd., Shenyang.
2 Contract production.