Wednesday, January 11, 2017

BMW Group Malaysia achieves highest ever growth for 2016

 Mr. Han Sang Yun, Managing Director and CEO of BMW Group Malaysia

BMW Group Malaysia delivered a total of 10,906 units of BMW, MINI and BMW Motorrad vehicles in the country last year, charting a 16% growth increase compared to the same period in 2015 (9,368). In other words, a fabulous year for the premium brand. 

The record breaking achievement is in tandem with that of the BMW Group, which achieved its best ever sales in 2016 with a total of 2,367,603 vehicles sold globally. This marks the sixth year in a row the company has set a new sales record while maintaining its position as the world’s leading premium car company. 

What it tells me is that somehow in a supposedly sluggish Malaysian economy some premium automotive brands are smashing sales records. It boils down to a mix of having a fantastically good product at even the wrong times. If that would actually make any sort of sense. Of course, there are people who still make money even at these sort of times.

I am just going to let BMW Malaysia's official press release tell you how they did in 2016 and what they hope for in 2017.





PRESS RELEASE
10 th January 2017

BMW Group Malaysia achieves highest ever growth in the country for the 100 th Year

Anniversary of the BMW Group.


Premium automaker mirrors the BMW Group’s sixth consecutive all-time sales high by

achieving a record breaking 16% growth and is committed to introduce and drive more

innovation for the premium automotive industry in 2017.

Kuala Lumpur, 10 th January 2017 – BMW Group Malaysia delivered a total of 10,906

units of BMW, MINI and BMW Motorrad vehicles in the country last year, charting a 16%

growth increase compared to the same period in 2015 (9,368).

The record breaking achievement is in tandem with that of the BMW Group, which

achieved its best ever sales in 2016 with a total of 2,367,603 vehicles sold worldwide.

This marks the sixth year in a row the company has set a new sales record while

maintaining its position as the world’s leading premium car company. The steady sales

growth mirrored by BMW Group Malaysia throughout the year comes with a clear

commitment to continue to innovate and drive the future of premium mobility in the

country.

In the details, the BMW brand grew to a record 20% in 2016, delivering 9,000 BMW

vehicles from 7,515 vehicles in 2015. The MINI brand also recorded a 19% growth,

delivering 902 MINI vehicles from 756 in the previous year while BMW Motorrad delivered

1,004 motorcycles in 2016.

Speaking on the achievement, Mr. Han Sang Yun, Managing Director and CEO of BMW

Group Malaysia said, “The continued and growing support from our customers and

network of dealerships here were the main factors for our best achievements in 2016. On

behalf of BMW Group Malaysia, I would like to express my heartfelt gratitude to our

customers and dealers here for helping us achieve this milestone in an especially

challenging year.”

A Look Back at 2016:

BMW Group Malaysia began 2016 by redefining driving luxury with its flagship model,

the all-new BMW 7 Series – the most advanced luxury sedan in its segment and 2016

World Luxury Car Award Winner.

The centenary year also marshalled in the new chapter of Electric Driving Pleasure as the

premium automaker introduced the new locally assembled BMW X5 xDrive40e and BMW

330e as part of the automaker’s BMW iPerformance portfolio. The demand for both plug-

in hybrids continues to soar and BMW Group Malaysia is gearing up to produce more

units in its first full year in 2017 to meet these large demands and take up rate.

With that, BMW Group Malaysia also strengthened its progressive partnership with the

Malaysian Green Technology Corporation (GreenTech Malaysia) to offer its BMW i and

BMW iPerformance customers access to its ChargeNow services via the GreenTech

Malaysia’s ChargEV platform.

The steady performance growth in 2016 was also spurred by the introduction of a breath

of new product portfolios for the BMW brand including the new locally assembled variants

of the BMW X1 and BMW X4, the new BMW M2 Coupé and a new special variant of the

BMW 5 Series, the BMW 528i M Performance Edition which continued to drive their

respective segments.

BMW Group Malaysia continued to drive the premium segment with its industry-leading

BMW 5 Year Unlimited Mileage Warranty and Free Service Program, the specially

designed BMW Tyre Warranty Program along with the well-established BMW White Card

program, and the BMW Concierge Services as part of the BMW ConnectedDrive

innovation offering, which are still leading key differentiators for the brand in the segment.

Compact premium brand MINI also charted record achievements in 2016, successfully

introducing the new MINI Clubman, the new MINI John Cooper Works Pro Edition and the

special edition MINI Countryman Park Lane as well as introduced a new 4 Year Unlimited

Mileage and Free Service Warranty program to revolutionise the segment.

Key Initiatives in 2017:

In 2017, BMW Group Malaysia will look to drive innovative technology as well as its

premium services offering for the automotive industry that will not only augment comfort,

convenience and luxury but also promise to amplify Sheer Driving Pleasure and the BMW

premium promise.

The move will be in preparation for its export hub initiatives for the BMW 3 Series, BMW 5

Series and BMW 7 Series to Vietnam and the Philippines in 2018 where the premium

automaker will also see an increase in its expertise in its local assembly capabilities from

over 7,000 vehicles in 2016 to over 10,000 vehicles in 2017 with an investment of over

RM 10 Million.

The leading premium automaker will also open its doors to its newest Regional Parts

Distribution Centre facilities at the Free Trade Zone of the Senai International Airport of

Iskandar Malaysia. Occupying over 45,000 square metres of land and with an investment

of over RM 130 million, the new regional facility will be one of the largest BMW facilities in

the region.

“We will continue the momentum we have built here over the previous years where we

will focus on introducing to our customers the newest products, innovations as well as

premium services which will be industry leading to drive the industry,” said Han.

In saying this, BMW Group Malaysia will implement its Voice to the Customer as well as

its newest Road Side Assistant (RSA) program in 2017. Based on the global standard

NET Promoter Score (NPS) concept, Voice to the Customer will be the next level of

measurement of customer satisfaction in the industry while the new RSA program will be

the most comprehensive service offering in the Malaysian automotive industry for on road

customer care, peace of mind and maintenance.

“Our customer satisfaction indexes have been the highest in the industry over the last five

years. However, in a move for more relevance in changing times in the premium

segment, we will implement a new global measurement standard as well as premium on

the road, day to day care programs to ensure our customers here get the very best of our

capabilities.” said Han.

-End-

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