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April 26, 2015 1:23 AM ET

Specialty Retail

Company Overview of BMW of North America, LLC

Company Overview

BMW of North America, LLC engages in the marketing and sale of BMW brand motor vehicles, including motorcycles, the MINI brand, and the Rolls-Royce brand of motor cars in the United States and internationally. It manufactures sports activity vehicles; provides creative consulting services; and offers leasing, retail, and commercial financing and banking products. The company was founded in 1975 and is headquartered in Woodcliff Lake, New Jersey with a technology office in Silicon Valley, California; and a manufacturing facility in Spartanburg, South Carolina. It also has studios in Los Angeles, California; Munich, Germany; Singapore; and Shanghai, China. BMW of North America, LLC operates as...

300 Chestnut Ridge Road

Woodcliff Lake, NJ 07677-7731

United States

Founded in 1975

Phone:

201-307-4000

Fax:

201-307-4095

Key Executives for BMW of North America, LLC

Chief Executive Officer and President
Chief Financial Officer and Executive Vice President of Finance
Executive Vice President of Operations
Age: 53
Vice President of Corporate Communications
Age: 62
Vice President of Operations - North America and Chief Operating Officer of BMW Group Financial Services Americas
Compensation as of Fiscal Year 2014.

BMW of North America, LLC Key Developments

BMW of North America, LLC Announces Sales Results for the Month and Year-To-Date Ended March 2015

BMW of North America, LLC announced sales results for the month and year-to-date ended March 2015. For the month, the BMW Group in the U.S. (BMW and MINI combined) reported sales of 40,139 vehicles, an increase of 12.2% from the 35,762 vehicles sold in the same month a year ago. Sales of BMW used vehicles (including certified pre-owned) decreased by 22.5%, to 14,956 vehicles compared to the 19,301 vehicles sold in March, 2014. MINI USA reported 5,829 automobiles sold, an increase of 59.5% from the 3,655 sold in the same month a year ago. MINI used automobiles (including MINI NEXT certified pre-owned) reported sales of 2,104 automobiles, a decrease of 5.2% from the 2,220 sold in March, 2014. For year-to-date, the company reported sales of 91,269 vehicles against 81,034 vehicles a year ago.

BMW of North America, Volkswagen of America and ChargePoint to Construct Stations Along from San Diego to Portland on the West Coast and Boston to Washington on the East Coast

BMW of North America, Volkswagen of America and ChargePoint Inc. will construct up to 100 charging stations in "express charging corridors" from San Diego to Portland on the West Coast and Boston to Washington on the East Coast. Construction has already started on the Western corridor, where a string of new charging stations will allow vehicles to travel the length of California and into Oregon. As many as 100 stations will be up and running by the end of 2015. Each station will include one or two 50-kilowatt DC Fast chargers or 24-kilowatt DC Combo Fast chargers, developed by BMW in partnership with Bosch. Those chargers -- typically used for BMW and VW vehicles, as well as the Chevy Spark EV -- can bring a vehicle up to 80% power in less than 30 minutes. Each station will also include some Level 2 chargers, which require up to four hours to fully charge a car. The Level 2 chargers can power up vehicles including the Chevy Volt, Nissan Leaf and the plug-in version of a Toyota Prius. The goal is to serve all models of electric cars.

BMW of North America, LLC Announces Sales Results for the Month and Year-To-Date Ended December 2014

BMW of North America, LLC announced sales results for the month and year-to-date ended December 2014. For the month, the BMW Group in the U.S. (BMW and MINI combined) reported sales of 48,141 vehicles, an increase of 9.5% from the 43,981 vehicles sold in the same month a year ago. Sales of BMW brand vehicles in December totaled 41,526 compared to 37,389 vehicles sold in December, 2013. MINI USA reported its best December with sales of 6,615 automobiles, an increase of 0.3% from the 6,592 sold in the same month a year ago. For year-to-date, the BMW Group (BMW and MINI combined) is up 5.3% on sales of 395,850 compared to 375,782 in 2013. Year-to-date, the BMW brand is up 9.8% in 2014 on sales of 339,738 compared to 309,280 sold in 2013. MINI USA reported a sales down, 15.6% to 56,112 compared to 66,502 in 2013.

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