Quarterly Financial Report Discussion by BMW AG Board Member Walter Mertl, Finance, covering the period up to 31 March 2025
The BMW Group has announced its Q1 2025 results, showcasing a robust performance in sales, profitability, and electric vehicle (EV) growth.
In Q1 2025, the BMW Group delivered over 586,000 vehicles globally, marking a slight decrease of 1.4 percent compared to the same period last year. Notably, BMW and MINI car deliveries in India reached an all-time high of 7,774 units in the first half of 2025, with sales growth of +10% despite a challenging market environment. The demand for Sports Activity Vehicles (SAVs) was particularly strong, with growth of 17% in H1 in India and SAVs increasing their sales share from 56% in Q1 to 59% in Q2. The BMW X1 was the top-selling SAV, leading the premium compact segment.
Despite an overall revenue decline of 7.8% year-over-year, BMW maintained a solid automotive segment profit margin of 6.9% in Q1 2025, which is near the upper range of its forecast. Q1 revenue was €33.76 billion (approximately $36.3 billion), with an 11% annual decline for the trailing twelve months. This demonstrates BMW's ability to sustain profitability amid a slight revenue contraction.
BMW is aggressively expanding its electric mobility segment. Fully electric vehicle sales increased by 32.4% globally in Q1 2025. In India, BMW and MINI EV sales surged by 234% in H1 2025, delivering 1,322 EV units. Electric cars now represent 18% of total BMW Group India sales. The BMW iX1 Long Wheelbase was the highest-selling electric model, followed by the flagship BMW i7. BMW’s focus on EVs is reshaping its luxury vehicle segment and customer experience.
The BMW Group also repurchased shares valued at 4 billion euros since the start of its share-buyback authorization in 2022, corresponding to a reduction in share capital of over 7%. The credit loss ratio across the entire loan portfolio remained at a low rate of 0.23%. Capital expenditure for Q1 2025 was around 1.2 billion euros, a year-on-year reduction of around 100 million euros.
Looking ahead, the BMW Group plans to decrease capital expenditure for the full year 2025 compared to 2024, with an expected capex ratio below 6%. At the upcoming AGM, the Board of Management of BMW AG will propose a new five-year authorization to acquire treasury shares amounting to up to 10% of share capital.
In summary, the BMW Group displayed robust sales growth in key markets like India, sustained profitability globally, and strong momentum in electric vehicle adoption during Q1 2025 and the first half of the year overall. The strategic emphasis on SAVs, long wheelbase luxury models, and EVs is driving this performance.
[1] BMW Group press release, Q1 2025 results [2] BMW Group Annual Report 2024 [3] CarWale, BMW India H1 2025 sales up by 10%, July 1, 2025 [4] Economic Times, BMW India EV sales surge by 234% in H1 2025, July 1, 2025 [5] Autocar India, BMW Group India sales for H1 2025, July 1, 2025
- The BMW Group's Q1 2025 results show a significant shift in their business, with a surge in electric vehicles (EV) sales, indicating a growing interest in investing in personal-finance tied to sustainable technologies like electric-vehicles and cars.
- The growth of electric vehicles (EV) in BMW's portfolio, such as the BMW iX1 Long Wheelbase and the flagship BMW i7, highlights the potential for business expansion in the technology sector and a lifestyle shift towards more eco-friendly transportation.
- With BMW's aggressive expansion in the electric mobility segment, smart individuals might consider this as a positive sign for personal-finance, as the growing demand for electric vehicles (EV) could lead to increased job opportunities in the electric-vehicles and technology industries.
- As the BMW Group decreases capital expenditure for the full year 2025 and focuses on expanding its electric mobility segment, finance experts analyze this move as an indication of the group's commitment to business growth and the future of electric vehicles (EV) as a profitable investment.
