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    BMW   DE0005190003

BMW AG

(BMW)
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BMW : is showing Automated Valet Parking for the first time at the IAA Mobility 2021.

09/07/2021 | 09:22am EDT

Munich. At the International Motor Show (IAA) Mobility 2021, which will take place from September 7 to 12 in Munich, the BMW Group will be showcasing in a variety of ways what premium urban mobility could look like in the future. One example of this is the Automated Valet Parking project, which was developed together with the German Association of the Automotive Industry (VDA) and other partners. For the first time, interested parties will have the opportunity to experience automated and driverless parking and service functions up close in a unique demonstration.

The focus of the impressive demonstration is the new technology flagship of the BMW Group, the BMW iX. As an innovator in the development fields of software, digital services and networking, the fully electric SUV is able to communicate with the infrastructure and to carry out automated, driverless parking processes. Particular attention is paid to the safety of the driving maneuvers and the data exchange required for this between the vehicle, smartphone app and parking garage infrastructure. In doing so, the BMW Group is underlining that safety always has the highest priority. In addition to the complete parking process, viewers experience other automated service functions such as washing or charging the BMW iX with the help of robots.

The demonstrations will take place during the entire IAA Mobility 2021 from 9:00 a.m. to 6:30 p.m. in the parking garage West at Messe München. A shuttle service connects the main entrance of Messe Ost with the parking garage West. An IAA ticket is not required for the visit.

Disclaimer

BMW - Bayerische Motoren Werke AG published this content on 07 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2021 13:21:10 UTC.


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Sales 2021 110 B 129 B 129 B
Net income 2021 9 711 M 11 354 M 11 354 M
Net cash 2021 17 800 M 20 812 M 20 812 M
P/E ratio 2021 5,42x
Yield 2021 5,27%
Capitalization 52 791 M 61 969 M 61 723 M
EV / Sales 2021 0,32x
EV / Sales 2022 0,28x
Nbr of Employees 120 726
Free-Float 57,3%
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Number of Analysts 24
Last Close Price 81,46 €
Average target price 102,83 €
Spread / Average Target 26,2%
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Oliver Zipse Chairman-Management Board
Nicolas Peter Chief Financial Officer
Norbert Reithofer Chairman-Supervisory Board
Susanne Klatten Independent Member-Supervisory Board
Manfred Schoch Deputy Chairman-Supervisory Board
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