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BMW Group on track to achieve
1.4 million units in 2007 and 1.6 by 2010

25th May 2006.

BMW Group's ambitious character is not new. It's ambitious goals aren't either.

The declared target of 1.4 million vehicles was expected for 2008. It will be met in 2007, on the way to... 1.6 million vehicles by 2010.

For 2006, expect the results between next year's target of 1.4 million units and last year's total of 1,327,992 vehicles (BMW, Mini and Rolls-Royce brands combined), which was 9.9% over 2004 sales of 1,208,732 vehicles.

That's how the BMW Group intends to strengthen and extend its position as the world’s leading premium manufacturer in the automotive industry over the years to come.

Chairman of the Board of Management of BMW AG, Helmut Panke, expected at the Annual General Meeting in Munich last week to reach a new record in retail volume as well as a new high in pre-tax profit of euro 4 billion. “Despite headwinds arising from currency effects and high raw material prices, 2006 is going to be the most successful year in our company’s history, also in operative terms“, stated Panke.

The BMW Group started the new business year with new records for deliveries and pre-tax earnings too. On the sales side, automobile retail of the BMW, MINI and Rolls-Royce brands rose in the first quarter by 13.9% to 332,923 vehicles, compared to 292,207 vehicles for the same period in 2005.

For the first quarter of this year, deliveries of the BMW brand soared by 18.3% to 283,297 (2005: 239,387) vehicles.

Due to capacity expansion measures at Plant Oxford, retail of MINI vehicles fell to 49,519 (-6.0%/2005: 52,694) units. In the medium term, however, capacity expansion will result in an production output of about 240,000 MINI vehicles a year.

In the ultra-luxury segment, Rolls-Royce Motor Cars delivered 107 Phantom automobiles to customers, 15.1% fewer than in the same quarter last year (126 vehicles).

If the 2010 target of 1.6 million unit means anything, it would be almost a... doubling of Group retail volume over the course of ten years, since 2000.

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