Bayerische Motoren Werke Aktiengesellschaft (BMW:CA) Q3 2025 Earnings Name Transcript
Bayerische Motoren Werke Aktiengesellschaft (BMW:CA) Q3 2025 Earnings Name November 5, 2025 3:05 AM EST
Firm Contributors
Maximilian Schöberl – Head of Company & Governmental Affairs
Oliver Zipse – Chairman of the Board of Administration & CEO
Walter Mertl – Member of Administration Board of Finance
Convention Name Contributors
Christina Amann
Stephen Wilmot
Joachim Herr
Felix Stippler
Frank Volk
Sebastien Ash
Regina Ehm-Klier
Presentation
Maximilian Schöberl
Head of Company & Governmental Affairs
[Interpreted] Colleagues, we will now flip to the second a part of our quarterly convention, and we’ll proceed this in German with interpretation. As all the time, you get some technical info earlier than we take the primary query.
Query-and-Reply Session
Operator
[Interpreted] Women and gents, we’re now starting the Q&A session. [Operator Instructions] The primary query comes from Christina Amann, Thomson Reuters.
Christina Amann
[Interpreted] I’ve a few questions. I would like to begin with Nexperia. I guess that is the query most will ask. What is the provide state of affairs with semiconductors? What are the views for manufacturing? What are the views within the quick, mid- and long run? What’s BMW doing with the intention to resolve that state of affairs?
Second query. Concerning investments, Mr. Mertl, you mentioned that investments will likely be lowered in response to plan, each for improvement and for manufacturing services and comparable. So may you clarify that a bit extra?
Since in that context, now I look into the U.S., tariffs are a problem for BMW. Is repayments excellent a motive on your decrease forecast? What are the steps BMW had taken with the intention to enhance the state of affairs? Are you planning to relocate extra manufacturing into the U.S.? And now a primary look into the 12 months 2026, what are the prospects for that 12 months?
Maximilian Schöberl
Head of Company & Governmental Affairs
[Interpreted] Thanks, Ms. Amann. I assume that coated just about all the pieces that we have to reply
