BMW AG: Rating Report

On September 28, 2023, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating of BMW AG (BMW) as well as the Senior Unsecured Debt rating of its subsidiary, BMW Canada Inc., at A (high), all with Stable trends. Concurrently, DBRS Morningstar assigned a Senior Unsecured Debt rating of A (high) to BMW Finance N.V. BMW Finance N.V.’s credit rating is consistent with that of its ultimate parent, BMW.