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Bulletin: BMW Can Generate Stronger Margins And Cash Flow In 2021 While Fending Off Electric Vehicle Rivals

Published Mar 19, 2021

3 pages (1401 words) — Published Mar 19, 2021

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About This Report

Abstract:

FRANKFURT (S&P Global Ratings) March 19, 2021--German carmaker BMW AG (A/Negative/A-1) is likely to outperform S&P Global Ratings' previous profitability and free cash flow forecasts this year, although it lost some market share in electrified vehicle (EVs) in 2020. We anticipate that BMW can strengthen its EV market position, thanks to upcoming product launches in 2021-2023.

Report Type:

Bulletin

Ticker

BMW@GR

Issuer

BMW AG

GICS

Automobile Manufacturers (25102010)

Sector

Global Issuers, Structured Finance

Country

Germany

Region

United States

Format:

PDF

Research Update: Automaker BMW Outlook Revised To Stable On Stronger Margin And Cash Flow Prospects; Affirmed At 'A' – 2021/08/05 – US$ 225.00

Automaker BMW Outlook Revised To Stable On Stronger Margin And Cash Flow Prospects; Affirmed At 'A' – 2021/08/05 – US$ 150.00

BMW AG – 2021/12/16 – US$ 500.00

BMW AG – 2022/08/30 – US$ 500.00

BMW AG 'A/A-1' Ratings Affirmed Following Implementation Of New Captive Finance Criteria; Off UCO; Outlook Stable – 2023/11/06 – US$ 150.00

BMW AG – 2020/12/15 – US$ 500.00

Bulletin: BMW Gains Incremental Rating Headroom With Third-Quarter Earnings And Cash Flow Rebound, But 2021 Uncertainty Persists – 2020/11/05 – Free

Bulletin: BMW Will Need Strong Operational Execution To Offset Steep Q2 Losses – 2020/08/06 – Free

Research Update: Automaker BMW Downgraded To 'A' On Weaker Cash Flow And Revenue Prospects Due To COVID-19; Outlook Negative – 2020/03/26 – US$ 225.00

COVID-19 Leads To Downgrades Of BMW And Daimler; Outlook On VW Now Negative – 2020/03/26 – US$ 150.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Bulletin: BMW Can Generate Stronger Margins And Cash Flow In 2021 While Fending Off Electric Vehicle Rivals" Mar 19, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-BMW-Can-Generate-Stronger-Margins-And-Cash-Flow-In-2021-While-Fending-Off-Electric-Vehicle-Rivals-2614757>

APA:	S&P Global Ratings’ Credit Research. (). Bulletin: BMW Can Generate Stronger Margins And Cash Flow In 2021 While Fending Off Electric Vehicle Rivals Mar 19, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-BMW-Can-Generate-Stronger-Margins-And-Cash-Flow-In-2021-While-Fending-Off-Electric-Vehicle-Rivals-2614757>

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