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MarketScreener Homepage  >  Equities  >  Xetra  >  Bayerische Motoren Werke    BMW   DE0005190003

BAYERISCHE MOTOREN WERKE (BMW)
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Bayerische Motoren Werke : BMW Motorrad presents autonomous driving BMW R 1200 GS. Outlook on the future of motorcycle safety and technology in Miramas.

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09/12/2018 | 03:48pm CET

Munich. BMW Motorrad's first autonomous motorbike was presented last week at the BMW Motorrad Techday 2018. A BMW R 1200 GS made its first rounds in front of assembled journalists, as if by magic, at the BMW Group testing ground in Miramas, southern France. Developed by graduate engineer Stefan Hans and his team, the vehicle independently drives off, accelerates, circles a winding test track and independently slows down to a stop.

With this forward-thinking development, BMW Motorrad, as a driver for technical innovations in the field of motorcycling, is by no means aiming for a completely independent motorbike. Rather, the underlying technology should serve as a platform for development of future systems and functions to make motorcycling even safer, more comfortable and increase the riding pleasure. The aim of the prototype is to gather additional knowledge with regards driving dynamics in order to detect dangerous situations early on and thus support the driver with appropriate safety systems while turning at intersections or when braking suddenly, for example.

In addition to this impressive outlook on increased riding pleasure and safety, BMW Motorrad presented many more exciting technology projects. Luminous motorcycle headlights from cornering lights to laser headlights were highlights as well as a motorcycle frame manufactured completely using a 3D printing process, including a rear swinging arm. As with the development of its autonomous motorcycles, BMW Motorrad here too has utilized synergies with BMW automobiles - this manufacturing process has already made its way into series production for various vehicles. The advantage of 3D printing lies in the complete freedom of designing components that could not be produced in other ways.

The innovative processes used in the production of motorcycle chassis components, such as frame, swinging arm and wheels are made from the lightweight, yet high-strength material carbon - already industrially manufactured in the BMW HP4 RACE - further demonstrating BMW Motorrad's technical competence and excellence in this field. With the goal of maximum innovation and highest possible quality, BMW Motorrad and BMW Automobile have a close alliance in this field too, where this material has long been used in series production.

To conclude, BMW Motorrad has demonstrated how the rapid pace of digitization will change the future of motorcycling. BMW Motorrad is taking two-wheeler needs into consideration for tomorrow's world of transport and preparing for it technically. Above all, the V2V communication between vehicles are in the foreground further enhancing safety and comfort for the motorcyclist through digital networking. Here, too, BMW Motorrad benefits from close cooperation with BMW Automobiles.

Press material on BMW motorcycles and BMW Motorrad rider equipment can be found on the BMW Group PressClub at: www.press.bmwgroup.com.

In case of queries please contact:

Internet: www.press.bmw.de

E-mail: presse@bmw.de

The BMW Group

With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world's leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 30 production and assembly facilities in 14 countries; the company has a global sales network in more than 140 countries.

In 2017, the BMW Group sold over 2,463,500 passenger vehicles and more than 164,000 motorcycles worldwide. The profit before tax in the financial year 2017 was € 10.655 billion on revenues amounting to € 98.678 billion. As of 31 December 2017, the BMW Group had a workforce of 129,932 employees.

The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy.

www.bmwgroup.com

Facebook: http://www.facebook.com/BMWGroup

Twitter: http://twitter.com/BMWGroup

YouTube: http://www.youtube.com/BMWGroupview

Google+: http://googleplus.bmwgroup.com

Disclaimer

BMW - Bayerische Motoren Werke AG published this content on 12 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 September 2018 13:47:04 UTC

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Financials (€)
Sales 2018 96 884 M
EBIT 2018 9 001 M
Net income 2018 7 053 M
Finance 2018 18 552 M
Yield 2018 5,16%
P/E ratio 2018 6,95
P/E ratio 2019 6,78
EV / Sales 2018 0,30x
EV / Sales 2019 0,29x
Capitalization 48 030 M
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Mean consensus HOLD
Number of Analysts 31
Average target price 85,4 €
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Harald Krüger Chairman-Management Board
Norbert Reithofer Chairman-Supervisory Board
Nicolas Peter Chief Financial Officer
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
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