BMW 2015 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
27 Overall Assessment by Management
27 Financial and Non-financial
Performance Indicators
29 Review of Operations
29 Automotive Segment
35 Motorcycles Segment
36 Financial Services Segment
38 Research and Development
41 Purchasing
42 Sales and Marketing
44 Workforce
45 Sustainability
49 Results of Operations, Financial
Position and Net Assets
59 Comments on Financial Statements
of BMW AG
62 Events after the End of the
Reporting Period
63 Report on Outlook, Risks and
Opportunities
81 Internal Control System and Risk
Management System Relevant for the
Financial Reporting Process
83
Disclosures Relevant for Takeovers
and Explanatory Comments
87 BMW Stock and Capital Markets
network with the aim of ensuring a balanced distribution
of value added along the production chain.
In North America, the expansion of the plant in Spartan-
burg, USA, continues to make good progress. A new,
state-of-the-art vehicle body manufacturing facility is
currently under construction, as part of the investment
programme announced in 2014. Annual production at
the plant achieved a new record of over 400,000 units in
the year under report. In terms of production volume,
the Spartanburg plant is therefore the largest in the BMW
Group’s network.
In San Luis Potosí, Mexico, preparations for constructing
the new plant are running on schedule. A local train-
ing centre has already been opened at the site and the
first employees recruited. The plant is due to commence
operations in 2019.
The comprehensive expansion of the BMW Group plant
in Araquari, Brazil, was completed in September 2015.
The manufacturing infrastructure at the site now in-
cludes body-making, a paint shop and assembly facilities.
The BMW 1 Series 5-door version, the BMW 3 Series Se-
dan, the BMW X1, the X3 and the MINI Countryman are
currently built in Araquari. Only one year after
produc-
tion officially began, the 10,000th vehicle has already
rolled off the production lines.
In Europe, the British production triangle comprising
the MINI plant in Oxford, the components plant in
Swindon and the engine production facility in Hams
Hall is a fundamental element of the BMW Group’s pro-
duction network. At the end of 2015, production at
the
Oxford plant comprised the MINI 3- and 5-door ver-
sions and the new MINI Clubman.
In order to secure greater capacity for the planned growth,
since 2014 the MINI 3-door model is also being pro-
duced
for the BMW Group at the Dutch carmaker VDL
Nedcar in Born. Since 2015, VDL Nedcar has also been
producing the MINI Convertible. The MINI Countryman
and MINI Paceman models are being produced under
contract by the company Magna Steyr Fahrzeugtechnik
in Graz, Austria. This additional capacity with external
partners provides the BMW Group’s production network
with even greater flexibility.
At the home of Rolls-Royce in Goodwood (United King-
dom), important construction work was carried out to
Vehicle production of the BMW Group by plant
in units
2015 2014 Change Proportion of
in % production in %
Munich 221,998 228,126 – 2.7 9.7
Dingolfing 360,804 369,027 – 2.2 15.8
Regensburg 304,509 272,015 11.9 13.4
Leipzig 233,656 211,434 10.5 10.3
Rosslyn 71,353 68,771 3.8 3.1
Spartanburg 400,904 349,949 14.6 17.6
Dadong1 142,767 143,390 – 0.4 6.3
Tiexi1 144,988 144,076 0.6 6.4
Rayong 8,928 6,012 48.5 0.4
Araquari 9,936 5,616 76.9 0.4
Chennai 7,716 4,824 60.0 0.3
Oxford 201,206 179,318 12.2 8.8
Graz (Magna Steyr)2 82,655 113,401 – 27.1 3.6
Born (VDL Nedcar)2 57,019 29,196 95.3 2.5
Goodwood 3,848 4,495 – 14.4 0.2
Partner plants 27,216 35,916 – 24.2 1.2
BMW Group 2,279,503 2,165,566 5 . 3 100.0
1 Joint venture BMW Brilliance Automotive Ltd., Shenyang.
2 Contract production.