Aston Martin Valkyrie back in IMSA action at Motul Sportscar Grand Prix of Road America as season enters final phase

Industry News

Images are for editorial use only. Aston Martin Valkyrie’s 2025 IMSA Weathertech Sports Car Championship programme begins home stretch at Road America After five top-10 finishes, Ross Gunn and Roman De Angelis target further progress at latest round of North America’s top sportscar racing series Valkyrie is the only hypercar to contest the world’s two premier sportscar series, IMSA and the FIA World Endurance Championship, this season 31 July, 2025, Road America, USA: The spectacular new Aston Martin Valkyrie enters the final phase of its debut season of global competition as the IMSA WeatherTech SportsCar Championship (IMSA) continues with the Motul Sportscar Grand Prix of Road America (WI) this weekend. Just three races remain in 2025 for IMSA’s leading GTP category – in which Valkyrie achieved a ninth-place finish on its debut in March’s Mobil 1 Twelve Hours of Sebring – with the target to maintain the British hypercar’s upwards progress and finish the year on a high. This cause has been boosted by an ever-increasing competitive gain through the IMSA campaign, highlighted emphatically by the #23 Valkyrie’s most recent run, at Watkins Glen in June, where it raced up to fifth position before a late-race caution mixed up the order. Aston Martin THOR Team’s ninth position was nevertheless its fifth consecutive points finish, in a season where Valkyrie has finished every race it has embarked on during a debut US campaign coloured by robust reliability. The British ultra-luxury high performance brand’s all-new Valkyrie has achieved encouraging top 10 results in each of the five races contested, including a pair of eighth place finishes on the street circuits at Long Beach (CA), and Detroit (MI). Valkyrie drivers Roman De Angelis (CAN) and Ross Gunn (GBR), both have both performed well at Road America in the past; Gunn having won the GTD Pro class from pole position in an Aston Martin Vantage GT3 in 2023. For De Angelis, the two hours and 40 minutes-long race marks a return to his regular Valkyrie cockpit after the 2022 IMSA GTD champion stepped in to partner Casper Stevenson (GBR) in THOR’s Vantage at Canadian Tire Motorsports Park last month. The first ‘Le Mans Hypercar’ (LMH) to be produced by Aston Martin, Valkyrie is the only car in IMSA’s premier GTP category derived from a road-legal hypercar. The British contender is also the first LMH car of any kind to compete in IMSA, and the only one contesting both IMSA and the FIA World Endurance Championship (WEC) simultaneously, having made its debut in the Qatar 1812km in February. Developed from the Valkyrie production car by Aston Martin and THOR, the competition version blends a race-optimised carbon fibre chassis with a modified 6.5-litre V12 powerplant that revs to 11,000rpm and produces over 1000bhp in standard form, but adheres to a strict 500kw (680bhp) power limit as per hypercar regulations. Valkyrie positions Aston Martin in the top division of US sportscar racing for the first time since 2011; a season in which five outright victories and seven podiums were achieved in the American Le Mans Series. Ross Gunn, driver #23 Aston Martin Valkyrie: “I’m really excited to get back on board Valkyrie after the small break since Watkins Glen. We did a test recently at Road America so we have managed to get a feel for what the car is capable of on one of the all-time great circuits in the US. The racing at Elkhart Lake, is usually won on strategy and being in the right place at the right time is key. That means we need to be ready, and on top of things as much as we can. I’m really proud of the progress we have made so far and now we are in to the business end of the season, the aim is to keep moving forward on the positive trajectory that we’re on.” Roman De Angelis, driver #23 Aston Martin Valkyrie: “I look forward to going to Road America every year as it’s another one of these iconic tracks on the IMSA calendar. I’m even more excited this year as it’s a track that I feel suits the GTP class with its high-speed nature. We had a successful test a few weeks back and this has given us a lot of encouragement ahead of the weekend. After fighting in the top ten at Watkins Glen, I know I speak for the whole team when I say we are really motivated to finally get the results we feel we deserve.” Ian James, Team Principal, Aston Martin THOR Team: “We say this every race, but it’s clear that Valkyrie is progressing forward incrementally with every start it undertakes, both in IMSA and the FIA World Endurance Championship. At Watkins Glen, we maximized the performance of the car, and collectively as a team we raced extremely well to bring Valkyrie into the top five on merit before the late-race cautions. We’ve subsequently had a successful test at Road America, where Valkyrie ran well, and so of course we’re interested to see how the knowledge we’ve gained translates in race conditions.” Adam Carter, Aston Martin Head of Endurance Motorsport: “With more than half the IMSA season complete, and top 10 finishes in every race, it’s clear how much progress Valkyrie and the Aston Martin THOR Team have made so far in 2025. Naturally we want to continue to build Valkyrie’s competitiveness across the final three events of the IMSA season. The data we’ve gathered and the lessons learned at Watkins Glen can be applied to all of the remaining events as the circuits are all of the ‘traditional North American road course’ type, and we look forward to seeing how Valkyrie and the Aston Martin THOR Team will use this to keep building momentum.” Vantage bids for IMSA glory at iconic Road America The Heart of Racing Team resumes IMSA WeatherTech SportsCar Championship GTD title fight at Motul Sportscar Grand Prix of Road America Aston Martin works driver Tom Gamble returns to race Vantage GT3 alongside GTD…

Meet the new MINI Cooper Electric Monochrome & MINI Aceman Monochrome

Industry News

Images are for editorial use only. MINI Cooper Electric Monochrome and MINI Aceman Monochrome newly available on E derivatives. Offered in a fixed specification with a choice of either Midnight Black or Nanuq White exterior paint. Increased level of standard features, including 17” or 18” wheel options, model exclusive multitone interior fabric, heated front seats, Cruise Control, Driving & Parking Assistant and a Rear-View Camera. Both models available to order now with first deliveries from January 2026, priced from £26,905 OTR. MINI is excited to announce the new MINI Cooper Electric Monochrome & MINI Aceman Monochrome, available on E derivatives of both models. Offered in a fixed specification, customers can choose between Midnight Black or Nanuq White exterior paintwork, alongside an increased level of standard features across the models including MINI Navigation with Head-Up Display, Wireless Charging and LED Headlights. Alongside the choice of two colours, both models come with larger wheels as standard; 17” U Spoke Grey alloys on the MINI Cooper Electric Monochrome and 18” Night Flash Spoke Grey alloys on the MINI Aceman Monochrome. Both models also feature a body-coloured roof, creating a seamless look that enhances the overall style of the vehicle. Moving inside the cabin, a new Anthracite headliner accompanies a brand-new interior pattern debuting on MINI Monochrome models. The new multitone fabric spreads across the front and rear seats, which also feature white and yellow stitching to match the design. The dashboard is draped in a black cloth textile, with the new multitone fabric featuring on the dashboard strap to continue the design throughout the cabin. Customers benefit from MINI Navigation with Head-Up Display as standard, controlled using the 24cm circular screen, alongside Cruise Control (DCC), Driving Assistant, Parking Assistant and Rear-View Camera. Wireless Charging is also offered, alongside Heated Front Seats and MINI Experience Modes, allowing customers to change the characteristics of the car or cabin based on their mood. The MINI Cooper Electric Monochrome features a 40.7 kWh battery, providing a range of up to 189 miles*, while the MINI Aceman Monochrome has a larger 42.5 kWh battery which offers an improved range of 192 miles*. Both models support fast DC 75 kW charging for added convenience. The MINI Cooper Electric Monochrome and MINI Aceman Monochrome are available to order from retailers nationwide now from £26,905 OTR and £28,905 OTR respectively. For more information on the new MINI Monochrome visit mini.co.uk. Ends *All figures have already been calculated based on the WLTP test cycle. The BMW GroupWith 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 services. The BMW Group production network comprises over 30 production sites worldwide; the company has a global sales network in more than 140 countries. In 2024, the BMW Group sold over 2.45 million passenger vehicles and more than 210,000 motorcycles worldwide. The profit before tax in the financial year 2024 was € 11.0 billion on revenues amounting to € 142.4 billion. As of 31 December 2024, the BMW Group had a workforce of 159,104 employees. The economic success of the BMW Group has always been based on long-term thinking and responsible action. Sustainability is a key element of the BMW Group’s corporate strategy and covers all products from the supply chain and production to the end of their useful life. www.bmwgroup.comLinkedIn: http://www.linkedin.com/company/bmw-group/YouTube: https://www.youtube.com/bmwgroupInstagram: https://www.instagram.com/bmwgroupFacebook: https://www.facebook.com/bmwgroupX: https://www.x.com/bmwgroup MINI Press Office Contacts:Sam BuckinghamMINI Press OfficerTel: 07815 362262Email: Samuel.Buckingham@mini.co.uk Helen WilsonMINI Media Relations ManagerTel: 07815 372480 Email: Helen.Wilson@mini.co.uk Christina Burnham-HepeCorporate Communications DirectorTel: 07815 371206Email: Christina.Burnham-Hepe@bmw.co.uk Media website:www.press.bmwgroup.co.ukwww.mini.co.ukwww.twitter.com/miniukwww.facebook.com/miniukwww.youtube.com/miniuk

Strong fundamentals, successful line-up and resilience set stage for H2 margin growth

Industry News

Images are for editorial use only. Group revenue: €27.6bn, +2.5% and +3.6% at constant exchange rates1 vs. 2024 H1 Automotive revenue: €24.5bn, +0.5% and +1.6% at constant exchange rates1 vs. 2024 H1 Group operating margin: €1.7 bn, 6.0% of Group revenue Automotive operating margin: €1.0bn, 4.0% of Automotive revenue Net income: €0.5bn excluding Nissan impacts2 Nissan’s impacts: -€11.6bn -€2.3bn in the contribution of associated companies -€9.3bn non-cash loss resulting from the evolution of the accounting treatment for the investment in Nissan Free cash flow3: €47m including €150m of Mobilize Financial Services dividend (vs €600m in 2024 H1) and a negative variation of working capital requirement of -€897m Automotive net cash financial position: €5.9bn at June 30, 2025 Commercial performance of the Group’s automotive brands: Renault brand in Europe4: #2 in PC+LCV5 with Clio best-selling model, #2 in HEV in France: #1 in PC+LCV5, #1 in EV and #1 in PC HEV Dacia in Europe: in the top 10 best-selling brands, #3 in retail PC, with Sandero best-selling passenger car across all channels and Duster best-selling SUV in retail Alpine sales up 85% vs 2024 H1 Solid orderbook in Europe at 2 months of forward sales, reflecting the strong order intake with supportive launches Healthy level of total inventories at 530,000 vehicles at June 30, 2025 2025 financial outlook updated on July 15, 2025: Group operating margin of around 6.5% Free cash flow between €1.0bn and €1.5bn “As I step into the role of CEO, I am convinced that Renault Group has all the fundamentals to succeed: committed teams, a robust product plan, a clear brands’ positioning, and an innovative organization. Our first-half results, in a challenging market, were not aligned with our initial ambitions. We have already launched a set of countermeasures to deliver our targets. Nevertheless, Renault Group’s profitability remains a reference in our industry, and we are determined to maintaining this standard. The roadmap is clear: ensure continuity in our strategy while accelerating our transformation. In a highly disruptive environment, we concentrate on what we control: energizing our teams, prioritizing investment on products, delivering best-in-class performance, and leveraging our unique network of partners. I am convinced that Renault Group is well-positioned to deliver sustainable, best-in-class value for the years to come.” said François Provost, CEO of Renault Group Boulogne-Billancourt, July 31, 2025 Financial resultsGroup revenue reached €27,640 million, up 2.5% compared to 2024 H1. At constant exchange rates6, it increased by 3.6%. Automotive revenue stood at €24,490 million, up 0.5% compared to 2024 H1. It included -1.1 points of negative exchange rates effect (-€264 million) mainly related to the devaluation of the Turkish lira, Brazilian real and Argentinean peso. At constant exchange rates6, it increased by +1.6%. This evolution was mainly explained by the following: A positive volume effect of +1.1 points. The 1.3% increase in registrations was partially offset by a higher destocking within the dealership network in 2025 H1 compared to 2024 H1. Last year destocking was quite low notably in the context of the transition to the new GSR7. As of June 30, 2025, total inventories of new vehicles stood at a healthy level and represented 530,000 vehicles, of which 416,000 vehicles at independent dealers and 114,000 at Group level. A positive product mix effect of +3.3 points thanks to our recent launches (Bigster, Duster, Symbioz, Renault 5, A290, Grand Koleos, Rafale…). This positive effect will continue to improve in the coming semester. A neutral price effect despite a challenging environment in Europe, marked by the decline in the retail market and a sharply declining LCV market, which led to an increasing commercial pressure. Outside Europe, most of the negative currency impact is offset by price increases. A negative geographic mix of -1.1 points, mainly explained by the growth of sales outside Europe. A negative effect of sales to partners of -1.9 points. This evolution is primarily explained by the one-off R&D billings to partners in H1 2024, the deconsolidation of Horse’s powertrains sales to partners at the end of May 2024, and the decrease of vehicles sales to partners ahead of the forthcoming launches of new models (e.g. Nissan Micra, Mitsubishi C-SUV, Polestar 4). An “Other” effect of +0.2 points. The Group posted an operating margin of €1,653 million or 6.0% of revenue versus 8.1% in 2024 H1. Automotive operating margin stood at €989 million versus €1,600 million in 2024 H1. It represented 4.0% of Automotive revenue, versus 6.6% in 2024 H1. This evolution was mainly explained by the following: An impact of foreign exchange of -€25 million, the positive impact of the Turkish lira devaluation on production costs offsetting the negative impact of devaluations on revenue. A positive volume effect of +€48 million. Price/mix/enrichment effect stood at -€444 million mainly due to the combination of a negative mix effect, with a lower share of LCVs and higher share of EVs, alongside the commercial pressure. Costs were reduced by €287 million thanks to a strong purchasing performance and to a lesser extent to a raw materials tailwind.Renault Group continues to reduce its costs and to pass part of those gains to its customers which allows the Group to boost its competitiveness by offering attractive vehicles in terms of price and content while offsetting regulatory requirements, especially on new models and facelifts. Renault Group’s strategy is to work on the combination of these two effects, with the sole objective of improving competitiveness. This combined effect should be a positive for the full year, supported notably by the purchasing performance and raw materials tailwind. The purchasing performance is starting to benefit from the synergies on powertrains delivered by Horse. R&D posted a negative impact of -€166 million, primarily due to an unfavorable comparison base in 2024 H1 with non-recurring R&D billings to partners. SG&A improved by +€16 million. “Others” effect stood at -€34 million. Prior to deconsolidation on May 31st, 2024, Horse was under the IFRS 5 assets held for sale accounting treatment and therefore, amortization of its assets had been suspended. Since Horse…

How ready are we for self-driving cars? 41% of drivers fail to recognise basic cruise control warning lights

Industry News

Images are for editorial use only. Research from Warrantywise reveals that nearly half of UK drivers don’t understand basic cruise control-related warning lights The survey, conducted in partnership with OnePoll, found that 41 per cent of UK drivers admit they don’t recognise or understand a single cruise-control related warning light Worryingly, only 28 per cent of drivers could safely identify the car distance indicator, and only 33 per cent could identify the cruise control warning signal As cars become more intelligent and technology-led, the findings suggest drivers may be left behind, with real consequences for safety and repair costs Warrantywise provides extended warranties for used cars, protecting drivers from unexpected repair bills and offering peace of mind no matter what lights up on the dash For more information, visit the website: www.warrantywise.co.uk Blackburn, 31 July 2025A new survey conducted by Warrantywise, the UK’s leading provider of extended car warranties, has found that nearly half of UK drivers don’t understand basic cruise control warning lights – a discovery that raises serious concerns about the real-world impact of increasingly complex car technology and self-driving ADAS systems. From alerts for lane assist to adaptive cruise control, the symbols now found on many vehicles’ dashboards appear to be causing more confusion than confidence, with four in ten drivers (41 per cent) admitting they don’t recognise or understand a single warning light from a suite of basic cruise control-related warnings. In a world where cars can steer, brake and park themselves, many drivers are left struggling with what should be the most basic line of communication from their car: the dashboard. When that confusion leads to hesitation or inaction, it can have real consequences – not just for road safety, but also for repair costs. Lane assist indicator 41 per cent Cruise control warning 33 per cent Car distance indicator 28 per cent None of the above 41 per cent Antony Diggins, Managing Director at Warrantywise, said: “Modern vehicles are more connected and capable than ever – but that complexity isn’t always matched by driver knowledge or confidence. Dashboard alerts are designed to keep us safe, but they’re only effective if drivers know what they mean – and act on them. Technology is a brilliant thing when it works, but even something as simple as not recognising a warning light can cause drivers to delay action. Vehicles may be getting smarter, but we believe peace of mind should still be simple. Our mission at Warrantywise is to give drivers confidence – not just in their cars, but in knowing they have the right support when something unexpected goes wrong.” The findings reflect a broader concern across the industry about so-called ‘tech overload’ – where increasingly complex digital systems create barriers rather than benefits. One study found that 61 per cent of drivers don’t regularly use their vehicles’ advanced features, and nearly a quarter have turned off driver assist functions entirely, citing confusion or distraction as the main reason1. Under the bonnet – and behind the screen – modern cars are now more advanced than ever. Many new vehicles contain upwards of 100 million lines of software code – more than a commercial airliner or even a modern fighter jet2. That level of complexity can make even small issues difficult (and expensive) to diagnose, especially when drivers aren’t confident in what their cars are trying to tell them. The risk is that if drivers don’t recognise a warning light, they may wait too long to take action, potentially turning a minor issue into a major fault. As vehicles continue to integrate more electronic systems, being able to identify when something isn’t right has never been more important. For those unsure what their dashboard is telling them, the advice is simple: don’t ignore it. Recognising your car’s warning signs can help prevent driver-caused damage, reduce the risk of long-term damage, and avoid stress when the unexpected happens. With a commitment to clear communication, fair pricing and a customer-first mindset, Warrantywise continues to support drivers across the UK as technology behind the wheel evolves. For more information, please visit www.warrantywise.co.uk. –ENDS– Notes to editors: Disclaimers: The data cited in this release was compiled from research conducted by OnePoll in 2025. The survey was based on responses from a representative sample of 2,000 UK car owners. Source of data: 1 Many Drivers Don’t Use Most of the Tech Features Available in New Cars2 What’s Driving the Connected Car? About Warrantywise:Warrantywise is one of the UK’s leading used car warranty providers. Established in 2000, Warrantywise offers a high level of warranty for most vehicle types. Warrantywise provides extended car warranties for both private owners and independent dealer groups. Warranty includes unlimited repairs, car hire, onward travel, parts and labour costs and emergency breakdown all as standard (subject to plan details. It’s important to note that no warranty can protect from every possible scenario. Retail warranty plans are discretionary and not subject to FCA regulations. Media contact:Hannah Burgesshannah@hannahburgesspr.com+44 (0) 7730 570975 Social media:Facebook: facebook.com/WarrantywiseX: x.com/warrantywiseLinkedIn: linkedin.com/company/warrantywiseYouTube: youtube.com/user/warrantywise

The BMW M3 CS Touring is the fastest Touring on the Nürburgring-Nordschleife with a time of 7:29.5 minutes

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Images are for editorial use only. The fastest ever recorded time for a Touring in the “Green Hell” Racing DNA meets maximised everyday usability Note: This press release is a 1:1 copy of the original issued by BMW headquarters in Germany. No adaptions have been made to cater to the UK market. The success story at the Nürburgring continues. With a time of 7:29.490 minutes, the BMW M3 CS Touring (fuel consumption combined: 10.5 l/100 km; CO2 emissions combined: 238 g/km according to WLTP, CO2 class: G)* is the fastest Touring of all time on the Nürburgring-Nordschleife. Following the impressive record set by the BMW M2 CS (fuel consumption combined: 10.0 l/100 km; CO2 emissions combined: 226 g/km according to WLTP, CO2 class G)* which now holds the top spot in the compact category, the BMW M3 CS Touring is now another representative of the fastest production vehicles from BMW M GmbH in the mid-size category. Franciscus van Meel, CEO of BMW M GmbH, commented on this achievement: “From the very beginning, it was clear that the BMW M3 CS Touring would set new standards in dynamics. With a time under 7:30 minutes, this model impressively demonstrates that this vehicle concept perfectly combines racing DNA with everyday usability.” The ultimate “One Car Solution.”The time of 7:29.490 minutes marks a new benchmark for the Touring in the mid-size category and is also the fastest ever recorded lap time for a Touring body style on the 20.823-kilometer-long track in the “Green Hell”. In April of this year, Jörg Weidinger, BMW M development engineer and seasoned record driver, first broke the 7:30-minute barrier with a Touring Car. The previous fastest time for a Touring, set by the BMW M3 Touring in 2022, was 7:35.060 minutes. The mid-size category is currently dominated by the latest models from the BMW M3 and M4 family. The BMW M4 CSL holds the fastest time at 7:18.137 minutes, followed by the BMW M4 CS at 7:21.989 minutes and the BMW M3 CS at 7:28.760 minutes. The new time of the BMW M3 CS Touring, just over a second behind, showcases the vehicle’s extraordinary performance, reinforcing its reputation as the perfect “One Car Solution.” BMW M is at home on the Nürburgring.The origin and heart of BMW M’s success story at the Nürburgring is the BMW M Test Centre. With its professional infrastructure and perfect location, it serves as the starting point for the successful development of new vehicle projects and testing under demanding conditions. The partnership between BMW M and the Nürburgring, which has thrived for over 25 years, is a great success and is visible from afar through landmarks such as the BMW M Power Grandstand and the BMW M Bridge. Through the offerings of the local BMW M Driving Experience, enthusiasts can drive BMW M vehicles themselves under professional guidance through the “Green Hell.” The redesigned BMW M Power Showroom in 2021 emphasizes the significance of the Nürburgring as the home of BMW M. The Nürburgring Nordschleife, known worldwide as one of the most challenging racetracks, serves as a proving ground for drivers and vehicles. Spanning 20.832 kilometres and featuring over 70 corners, it demands the highest performance and driving dynamics. Lap times are a benchmark for a vehicle’s sporting capabilities, with record runs monitored by a neutral testing organization to ensure compliance with production standards. The Nürburgring plays a crucial role for BMW M not only in development and testing but also in motorsport. BMW M vehicles have achieved numerous successes, including 21 overall victories at the 24-hour race. This year, ROWE Racing secured the latest victory. After a challenging start to the weekend, the team raced from 17th position. Kelvin van der Linde (RSA), Augusto Farfus (BRA), Jesse Krohn (FIN), and Raffaele Marciello (SUI) delivered an outstanding comeback to clinch victory for BMW M Motorsport. The first-ever BMW M3 CS Touring: Maximum performance, typical M feeling, and absolute everyday usability.The BMW M3 CS Touring combines unprecedented performance with maximum everyday usability, expanding the BMW M GmbH lineup with another special edition model in the high-performance sports car segment, now available for the first time as a Touring Car. The 405 kW/550 hp six-cylinder in-line engine propels the vehicle from 0 to 100 km/h in just 3.5 seconds, reaching a top speed of 300 km/h. The vehicle features specially designed engine mounting and an M-specific exhaust system that delivers an emotionally charged driving sound. Power is transmitted through an eight-speed M Steptronic transmission including Drivelogic and the M xDrive all-wheel-drive system, ensuring ultra-dynamic driving characteristics and supreme traction. The chassis technology is precisely tuned, with settings for the DSC stability control and M Dynamic Mode optimized for high-performance track use. The standard M Compound braking system guarantees powerful deceleration, while an optional M Carbon-ceramic brake system is available. The interior merges a performance-oriented sports car cockpit with digital technology, exclusive design features, and a versatile interior that expands storage capacity below the high-opening tailgate from 500 to 1,510 litres. CO2 EMISSIONS & CONSUMPTION.*Consumption and emission figures:(Fuel consumption combined: 10.5 l/100 km; CO2 emissions combined: 238 g/km according to WLTP, CO2 class G) The data on fuel consumption, CO2 emissions, power consumption and range refer to vehicles on the automotive market in Germany. All figures have already been calculated based on the new WLTP test cycle. Consumption and emission data refer to the German Passenger Car Energy Labelling Regulation (EnVKV). In case of queries, please contact: Corporate Communications Alexandra Landers, Head of Product Communication BMW Phone: +49 89 382-30871 E-mail: Alexandra.Landers@bmwgroup.com Christian Pomp, Spokesperson Product Communication BMW M Phone: +49 89 382-77770 E-mail: Christian.Pomp@bmw.de Internet: www.press.bmwgroup.com 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 over 30 production sites worldwide; the company has a global sales network in more than 140 countries. In 2024, the…

Robust business model – resilient performance: BMW Group on track to meet full-year targets

Industry News

Images are for editorial use only. Pre-tax earnings (EBT) of € 5.7 billion secure Group EBT margin of 8.5% at six-month mark Automotive free cash flow of € 2.35 billion in YTD June Automotive Segment EBIT margin in line with annual guidance at 6.2% Significant growth in electrified vehicle sales (+18.6%) in first half of 2025 Record half-year for BMW M models, with 106,000 vehicles delivered (+6.5%) Outlook from Annual Conference confirmed Zipse: “NEUE KLASSE with unprecedented product ramp-up by 2027” Munich. The BMW Group showed strong resilience in the first half of the year – building on a solid foundation of consistent strategy, robust customer demand, sustained cost discipline and high flexibility. With sales volumes stable at over 1.2 million premium vehicles, and with potential for further growth, the company reported Group earnings before tax of more than € 5.7 billion and an EBT margin of 8.5% in the first six months of 2025. The Automotive Segment EBIT margin came in at 6.2%, placing it in the upper half of the 5.0-7.0% annual target range, published in March. The segment’s free cash flow for the first half-year was € 2.345 billion. At the six-month mark, the BMW Group is therefore on track to meet its targets for the year. “Our performance in the first half of 2025 once again underscores the robustness of our business model. Our success today, as well as in the future, is based on three strong pillars: our global footprint, our strength in innovation, and our technology-neutral approach with highly attractive products,” said Oliver Zipse, Chairman of the Board of BMW AG. “In September, we will begin a new era for BMW when the first vehicle of the NEUE KLASSE makes its debut at the IAA Mobility. With the BMW iX3*, we are kicking off an unprecedented product ramp-up: by 2027, we will launch more than 40 new and revised models across all segments and drive types. Each vehicle will embody the innovative technology clusters and the new design language. This way, we connect technological advancement and exciting products with strategic foresight and economic efficiency.” By offering different drive technologies and a comprehensive range of models, the premium manufacturer from Munich is able to meet diverse customer preferences, reporting growth across numerous markets: Outside of China, BMW deliveries rose across all sales regions, with the brand recording slight growth of +4.7%. Benefiting from full availability of the New MINI Family, the British cult brand reported significant growth of 17.4% in the first half of the year, with a total of 133,838 vehicles sold. MINI deliveries increased in all regions of the world. In Europe, the BMW Group posted solid sales growth of +8.2%, with 498,670 units sold (Q2 deliveries: 256,487 units; +10.2%).In the Americas region, deliveries increased by +3.4% to 237,972 vehicles (Q2: 123,254 units; +1.7%). Deliveries in the US market rose by +2.7% year-on-year, with a total of 193,826 vehicles delivered to customers (Q2: 98,856 units; +1.4%). Electrified models and BMW M vehicles with increased sales volumesWith a 26.4% share (Q2: 26.0%) of total sales in the first six months, more than one in four BMW Group vehicles delivered – precisely 319,031 units – was electrified. Europe recorded the highest growth rates for BEVs and PHEVs, at 34,8%. Alongside electrified vehicles (+6.5%), the high-performance models of the BMW M brand were the main growth drivers for the BMW brand: With nearly 106,000 vehicles sold (+6.5% compared to HY1 2024), BMW M GmbH reported the highest first-half-year sales in its history. The BMW M3* and BMW M3 Touring*, together with the BMW M5* and BMW M5 Touring* introduced at the start of the year, made a significant contribution to this result. MINI grows with BEV modelsMINI’s sales growth also stemmed mainly from MINI BEVs: the MINI Cooper Electric*, the MINI Aceman Electric* and the MINI Countryman Electric*. With a 34.3% share in the first half-year, more than one in three MINIs delivered to customers worldwide was battery-electric. In the first half of 2025, the Rolls-Royce brand built on the previous year’s strong sales performance, delivering 2,796 handcrafted luxury motor cars to customers (-0.8%). In the second quarter, it increased its sales by +9.4% year-on-year to 1,415 units. The growing percentage of electrified vehicles confirms the BMW Group’s successful approach of offering its customers a broad range of models, all available with different drive technologies. More than 15 fully-electric vehicles and 12 PHEVs are currently available. In the second quarter of 2025, the BMW Group reached a major milestone in its drive train strategy, with the delivery of its 1.5-millionth BEV since the launch of the first BMW i3 in 2013. Group EBT margin of 8.5% in first half-yearGroup revenues for the first half-year totalled € 67,685 million(2024: € 73,558 million/-8.0%; adjusted for currency translation effects: -7.1%; Q2: € 33,927 million; Q2 2024: € 36,944 million; -8.2%; adjusted for currency translation effects: -5.5%). Compared with the previous year, revenues were pressured by currency translation headwinds and the expected subdued demand in China. The positive impact of strong growth in new leasing business at BMW Group Financial Services resulted in higher revenue eliminations between segments, which dampened Group revenues. Following a peak in R&D spending and capital expenditure in 2024, this trend was reversed, as expected, in the first half of the year – without compromising the premium manufacturer’s commitment to innovation leadership. Driven by a strong operating performance, the BMW Group’s expenditure for research and development totalled € 4,020 million in the first six months of the year (2024: € 4,169 million/-3.6%). This figure was down slightly on the previous year, despite intensive preparations for the upcoming models of the NEUE KLASSE, including the BMW iX3 and other successor models. R&D spending focused on digitalisation of the vehicle fleet and electrification across all model series. As planned, administrative and sales expenses were reduced, and capital expenditure for property, plant and equipment also declined. Between January and June, the BMW Group reported pre-tax earnings (EBT) of € 5,727 million (2024: € 8,023 million/-28.6%; Q2: € 2,614 million; Q2 2024: € 3,861 million; -32.3%). The EBT margin for the first half year was 8.5% (2024: 10.9%; in Q2: 7.7%; Q2 2024: 10.5%). Group net profit for the first half of the year totalled € 4,015 million (2024: € 5,656 million/-29.0%; Q2: € 1,842 million/-31.9%). Automotive Segment EBIT margin within annual target range In the…

Making its mark in just 7 months: 10,000 orders for the JAECOO 7

Industry News

Images are for editorial use only. JAECOO UK has received more than 10,000 orders for the JAECOO 7 just seven months after launch in January 2025 With a 75+-strong dealer network and robust aftersales support, JAECOO continues its success by offering a compelling combination of off-road capabilities, on-road comfort, distinctive style and strong performance Available in both pure-petrol and the highly popular Super Hybrid System powertrains, the JAECOO 7 has seen consistent demand since launch, with strong order intake continuing into Q3 The milestone underscores JAECOO’s rapid rise in visibility through major partnerships and high-profile appearances across UK cultural and automotive events, alongside its commitment to a customer-first approach and revered warranty offering Further product launches are on the horizon, with the hotly anticipated compact crossover JAECOO 5 arriving in the UK this October London, 31 July 2025 The JAECOO 7 has officially surpassed 10,000 units ordered in the UK, just seven months after its launch in January 2025. A major milestone that reflects not only strong demand but also JAECOO’s fast-growing presence in the UK, this figure underscores the appetite for the brand’s distinctive combination of rugged luxury, high-end technology and accessible premium appeal. From the Goodwood Estate to the EPCR rugby tournament final, JAECOO UK has been steadily establishing itself as a name to know. With vehicles that deliver genuine off-road capability alongside refined urban confidence – all framed by JAECOO’s signature waterfall grille and strong design identity – the brand has become increasingly visible across the UK. The JAECOO 7 was the first model to debut parent company Chery International’s highly coveted Super Hybrid System (SHS) in the UK – an advanced plug-in hybrid platform that maintains battery charge throughout the drive, never allowing it to drop to 0%. As the model that introduced this technology, the JAECOO 7 played a key role in building early momentum for the brand’s entry into the UK – momentum that helped propel JAECOO, together with sister brand OMODA, to a combined 2.1% UK market share in June 2025, outperforming all other OEMs by volume during that period. Just one year earlier, in August 2024, neither brand had officially launched in the UK. This rapid trajectory further reinforces the success of the group’s accessible luxury philosophy, bringing a premium SUV experience to a broader audience. Gary Lan, CEO of JAECOO UK, said: “To pass 10,000 orders for the JAECOO 7 in just seven months is a clear signal of what’s possible when a new brand combines real product quality with cultural relevance and strategic visibility. We’ve worked hard to make JAECOO a brand people can see, feel and experience – whether at events, on the road, or through our growing retailer network. This is just the beginning.” Available with two distinct powertrain options – a highly efficient pure petrol engine (available in front or four-wheel drive) or the advanced Super Hybrid System – this dual offering has widened the JAECOO 7’s appeal to a broad range of customers, from urban commuters to families seeking more adventurous versatility. The JAECOO 7 starts from just £30,115 OTR*, climbing to £35,165 OTR for the SHS. Meanwhile, the hotly anticipated, smaller compact crossover JAECOO 5 is available to order now at £24,505 OTR* in Pure specification, and £28,000 OTR* for the Luxury option. Deliveries for the JAECOO 5 will commence in October, and a pure EV will also be offered for this model, with more information on that powertrain to be announced in the coming weeks. *All prices quoted are correct at time of writing, July 2025 -ENDS- About OMODA&JAECOO OMODA is committed to design, intelligence and sustainable responsibility, bringing cutting-edge design and futuristic technology to young Generation Z users, offering them stylish vehicles ahead of their time. In the name OMODA, the “O” stands for life and vitality, a symbol of the essential element of life, oxygen. “MODA” is derived from modern fashion trends, while representing a new global focus on a sustainable lifestyle, an embodiment of ecological greenery and avant-garde style. OMODA is dedicated to embracing global consumers and creating a forward-looking brand for a spirited new generation of car buyers. This attitude is embodied in OMODA’s first model to arrive in the UK, the OMODA 5. A brand-new off-road brand arriving in Europe for the first time, the name JAECOO is inspired by a fusion of “Jäger” (meaning “hunter”) and “cool.” This melding of cultures captures both off-road and urban environments. With more than a decade of experience gained from a joint venture with the world’s most established off-road manufacturer, JAECOO was created to be “from classic, beyond classic”, dedicated to innovation, taking on the urban off-road environment with exceptional performance, world-class safety features and forward-thinking, intelligent technologies. JAECOO blends the experience and craftsmanship of teams from across the world, with the aim of establishing a new standard for urban off-roaders. Combined, OMODA&JAECOO is the fastest growing global automotive brand, with 400,000 cumulative sales to date. It is part of Chery Holding Group, which made its debut in the 2024 Fortune Global 500, entering the list in 385th position with a revenue of $39.1 billion. For more information, visit our websites: omodaauto.co.uk and jaecoo.co.uk or the global website www.omodajaecoo.com OMODA&JAECOO PR contact details Automotive PRHannah Burgess hannah@hannahburgesspr.com+44 (0) 7730 570975 OMODA&JAECOO UK PRIan Wallace ian.wallace@omodaauto.co.uk

Chery Group’s Fortune Global 500 rise signals a new era of worldwide growth

Industry News

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Chery Group has climbed 152 places on the 2025 Fortune Global 500 list, now ranked 233rd among the world’s leading companies This achievement follows a strong first half of 2025, with 1.26 million vehicles delivered worldwide and more than half a million exports in just 6 months Rising demand for new energy vehicles has been central to this growth, with 360,000 hybrid and electric models sold so far this year July also marks Chery Group’s entry into the UK market – part of its global multi-brand strategy – with the CHERY TIGGO 7 and CHERY TIGGO 8 set to arrive later this year The Group’s youngest brand, OMODA&JAECOO, has achieved more than 570,000 global sales since launch just over two years ago, with over half of all sales now hybrid or pure electric With a diverse portfolio of brands across global markets, Chery Group enters its next phase of expansion backed by new models, advanced technologies and a long-term focus on sustainable growth London, 31 July 2025After a year of record-breaking growth, Chery Group climbs 152 places on the 2025 Fortune Global 500 list and is now ranked 233rd, as the company continues to strengthen its position in key global markets. This latest recognition highlights the Group’s robust performance worldwide, built on investment in technology, new energy vehicles (NEV) and an expanding international presence. In the first half of 2025, Chery Group delivered 1.26 million vehicles worldwide – an increase of 14.5% compared with the same period last year. Of these, 550,000 were exported, meaning that on average, a Chery-built vehicle was sold overseas every 29 seconds. Strong growth in NEV has been a major contributor to this performance: in just 6 months, sales of hybrid and electric models reached 360,000 units, almost doubling year-on-year. These results underline Chery Group’s global strength, combining export experience with rapid progress in electrified and efficient powertrains. The Group’s youngest brand, OMODA&JAECOO, has become one of its biggest success stories. Since launch just over 2 years ago, it has achieved more than 570,000 sales across 44 countries – making it the fastest emerging automotive brand to reach the half-million mark. With hybrid and electric models now accounting for more than half of its sales, OMODA&JAECOO’s contribution to the Group has grown rapidly, rising from 21% of total export volume in 2023 to 37% in 2025, marking a 76% growth. As part of its international expansion, July also marks the introduction of the CHERY brand to the UK. The new CHERY TIGGO 7 and CHERY TIGGO 8 will join the line-up from September, broadening the Group’s portfolio in the market and introducing UK-based drivers to a new choice in practical, technology-rich SUVs. Earlier in July, the CHERY TIGGO 8 Super Hybrid made its UK public debut at the Goodwood Festival of Speed, where it appeared in the First Glance paddock ahead of first deliveries later this summer. Gary Lan, CEO of CHERY UK, said: “Our rise in the Fortune Global 500 reflects the strength of Chery Group’s global strategy. With strong results across established markets, the rapid growth of OMODA&JAECOO, and the launch of new brands and technologies, we are committed to driving forward the next phase of international expansion. Investment in innovation, new energy solutions and global partnerships remains at the heart of our future plans, and with new markets such as the UK now part of our network, our international growth continues to accelerate.” Chery Group’s rapid growth demonstrates a long-term commitment to innovation, electrification and international markets. From consistently achieving a place on the Fortune Global 500 list, to maintaining a leading position in overseas sales and delivering rapid growth in the NEV sector, the Group continues to set new benchmarks for high-quality development and to strengthen the global competitiveness of Chinese automotive brands. -ENDS- About Chery International and CHERY TIGGOCHERY TIGGO is a CHERY model line synonymous with practicality, intelligence and global progress – a family of vehicles shaped by innovation and designed for the real world. Built on years of engineering excellence, the CHERY TIGGO family of vehicles combine contemporary design with class-leading space, performance, and value, appealing to a broad range of customers across generations. The name CHERY TIGGO reflects a spirit of togetherness and momentum – a global SUV line that has earned the trust of over 3 million drivers in more than 80 countries. Each model is developed with a focus on comfort, safety and smart technology, making advanced features accessible to everyday families and urban explorers alike. As part of Chery Holding Group, which climbed 152 places to 233rd on the 2025 Fortune Global 500 list, with revenues of $39.1 billion in 2024, CHERY UK benefits from world-class R&D, global manufacturing standards and a robust supply chain. With a reputation built over two decades, CHERY is now entering a bold new phase of international growth, bringing intelligent, stylish and capable SUVs to drivers around the world – including the UK. Together with OMODA and JAECOO, CHERY UK is part of one of the fastest-growing global automotive alliances, committed to sustainable mobility, advanced design, and future-ready technology. For more information, see: CHERY UK website CHERY UK PR contact details Automotive PR CHERY UK PR Hannah Burgess Ian Wallace hannah@hannahburgesspr.com ian.wallace@omodaauto.co.uk +44 (0) 7730 570975

OMODA&JAECOO drives Chery Group to Fortune Global 500 success as UK market marks one year

Industry News

Images are for editorial use only. OMODA&JAECOO’s parent company, Chery Group, climbs an astonishing 152 places on the 2025 Fortune Global 500 list Now ranked 233rd, OMODA&JAECOO has been central to this momentum, with over 570,000 vehicles sold worldwide in just 2 years This coincides with the UK market celebrating its first anniversary, with more than 22,0001 units already sold and an early market share of 2.1%2 The brand house’s revolutionary Super Hybrid System (SHS), available on models such as the JAECOO 7 and the OMODA 9, is a key driver of growth, with 51% of global June sales coming from hybrids and EVs3 The JAECOO 7 continues to be a global success, selling over 10,000 units per month and establishing itself as a standout performer in the UK, just 7 months since launch (UK launch was 31 January 2025) Newcomer JAECOO 5 shows strong promise globally and hotly anticipated in the UK ahead of its launch this October, in ICE and EV-only powertrains OMODA&JAECOO now accounts for 37% of Chery Group’s total export volume4 – up from 21% in 2023 – highlighting strong and sustained growth worldwide OMODA&JAECOO remains committed to providing lifestyle-focused SUVs to the market, supported by comprehensive warranties and a robust aftersales network, both in the UK and beyond London, 31 July 2025 – OMODA&JAECOO celebrates the success of its parent company, Chery Group, which has climbed an impressive 152 places on the 2025 Fortune Global 500 list. Now ranked 233rd, this global recognition comes just over 2 years since the launch of OMODA&JAECOO – the Group’s youngest brand – and coincides with the brand house’s first year in the UK market. From bold crossovers and SUVs created to fit into everyday life with flair, flourish and fabulous features, OMODA&JAECOO has quickly established a presence on the roads. Known for distinctive design, technology-driven features and a fresh approach to the crossover and SUV segments, the brand has achieved a record-breaking sales performance that makes it the fastest emerging brand to surpass the half-million mark (570,000) in little over two years3. In that short time, OMODA&JAECOO has expanded to 44 markets and established itself as one of the fastest-growing names in the automotive world. With a focus on design, advanced technology and new energy solutions, the brand continues to attract a new generation of drivers looking for style, innovation and capability in equal measure. The momentum shows no sign of slowing. Interest in the design-led OMODA range and the tougher, more countryside-focused JAECOO line-up continues to grow, with more models and new retail locations set to launch in the coming months. The Group’s global growth has been matched by the rapid shift towards new energy. In the first quarter of 2025, OMODA&JAECOO’s new energy vehicle (NEV) sales rose by 460% year-on-year, and by June, more than half of all global sales came from hybrids and EVs3 – underscoring the brands’ commitment to advanced hybrid and electric technologies. A key driver of this success is the JAECOO 7 SHS, powered by Chery Group’s proprietary Super Hybrid System – an innovative system that delivers remarkable performance, long-distance efficiency, and ensures the electric battery never drops to 0%. This model has consistently achieved more than 10,000 units in monthly global sales and has already made an impact in the UK since its January launch, with 22,0002 vehicles now on UK roads. Gary Lan, CEO of OMODA&JAECOO UK, said: “Being part of a Fortune Global 500 company is an important moment for us, but it’s also a sign of what comes next. For us, here in the UK, the market has welcomed OMODA and JAECOO with real enthusiasm over the past 12 months, and this achievement highlights the strength of our vision – distinctive design, technology-led solutions and vehicles that fit today’s lifestyles. The pace of growth has been exceptional, and with new models arriving and an expanding retail network, we are ready to bring these brands to even more people across the UK. We’re only just getting started.” Globally, OMODA&JAECOO now represents 37% of Chery Group’s total exports – up from 21% in 20234 – highlighting the strong global appeal of the product line-up and the Group’s continued investment in innovation, new energy, and advanced safety technologies. Looking ahead, OMODA&JAECOO will continue to focus on new energy technologies, intelligent features and bold design – the foundations of its rapid rise on the global stage. In the UK, that journey continues later this year with the arrival of the highly anticipated JAECOO 5. All OMODA&JAECOO models continue to be supported by the company’s comprehensive warranty, alongside its growing dealer network. 1 SMMT figures: www.smmt.co.uk/vehicle-data/car-registrations2 SMMT figures: www.smmt.co.uk/vehicle-data/car-registrations3 Chery Group data4 Chery Group data -ENDS- About OMODA&JAECOO OMODA is committed to design, intelligence and sustainable responsibility, bringing cutting-edge design and futuristic technology to young Generation Z users, offering them stylish vehicles ahead of their time. In the name OMODA, the “O” stands for life and vitality, a symbol of the essential element of life, oxygen. “MODA” is derived from modern fashion trends, while representing a new global focus on a sustainable lifestyle, an embodiment of ecological greenery and avant-garde style. OMODA is dedicated to embracing global consumers and creating a forward-looking brand for a spirited new generation of car buyers. This attitude is embodied in OMODA’s first model to arrive in the UK, the OMODA 5. A brand-new off-road brand arriving in Europe for the first time, the name JAECOO is inspired by a fusion of “Jäger” (meaning “hunter”) and “cool.” This melding of cultures captures both off-road and urban environments. With more than a decade of experience gained from a joint venture with the world’s most established off-road manufacturer, JAECOO was created to be “from classic, beyond classic”, dedicated to innovation, taking on the urban off-road environment with exceptional performance, world-class safety features and forward-thinking, intelligent technologies. JAECOO blends the experience and craftsmanship of teams from across the world, with the aim of establishing a new standard for urban off-roaders.…

BYD UK appoints Mike Gale as Head of PR

Industry News

Images are for editorial use only. BYD UK has appointed Mike Gale as its new Head of PR with immediate effect. The newly created role will see him assume responsibility for all UK PR activities and strategy for BYD and the company’s new premium brand, DENZA, plus any other future brands, in one of the company’s key markets. Reporting into BYD UK Country Manager, Bono Ge, Mike will be ably supported by Rachel Goodwin. He joins from Maserati, where he was responsible for PR in UK and Scandinavia for three years. Prior to that, he led UK PR operations at Volvo and as a Director at global communications agency, Influence Associates, represented a series of auto, tech and e-mobility clients. Speaking about his move, Mike said, “BYD has an enviable story to tell, both on the automotive and wider technology fronts. The pace of its growth is hugely impressive and I’m delighted to be joining at such an exciting stage in its growth journey and seeing what strong results we can deliver together.” Commenting on his appointment, Country Manager, BYD UK, Bono Ge, said, “BYD is continuing to expand at a relentless pace globally and naturally we have significant growth ambitions in the UK. We’ve already launched six models over here and Mike’s expertise will be invaluable in the months and years ahead. I’m delighted to welcome someone of his calibre to the company and I’m sure he’ll slot straight in with the rest of the UK management team.” His contact details are: Mike GaleHead of PRmichael.gale@byd.com 07908 905678 Rachel GoodwinPR Managerrachel.goodwin@byd.com 07399 678373 ENDS About BYDBYD is a multinational high-tech company devoted to leveraging technological innovations for a better life. Founded in 1994 as a rechargeable battery maker, BYD now boasts a diverse business scope covering automobiles, rail transit, new energy, and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. From power acquisition and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 100 countries and regions, and more than 400 cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world. For more information, please visit www.bydglobal.com. About BYD AutoFounded in 2003, BYD Auto is the automotive subsidiary of BYD, a multinational high-tech company devoted to leveraging technological innovations for a better life. Aiming to accelerate the green transition of the global transportation sector, BYD Auto focuses on developing pure electric and plug-in hybrid vehicles. The company has mastered the core technologies of the entire industrial chain of new energy vehicles, such as batteries, electric motors, electronic controllers, and automotive-grade semiconductors. It has witnessed in recent years significant technological advancements, including the Blade Battery, the DM-i and DM-p hybrid technology, the e-Platform 3.0, the CTB and iTAC technologies, the DiSus Intelligent Body Control System, the XUANJI Architecture, and the Super e-Platform. The company is the world’s first carmaker to stop the production of fossil-fueled vehicles on EV shift and has remained top of new energy passenger vehicle sales in China for 12 years in a row.