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.October 20, 2004
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This Week:

• GM Europe Announces Major Restructuring Initiative

• Kalbfell To Leave BMW Group

• Jaguar Shows Significant Improvement In 2004 J.D. Power and Associates APEAL Study 

• MINI Cooper Most Appealing Compact Car For Third Year In A Row

• Sign on the Dotted Line: Chrysler's 2005 Limited Edition Signature Series Offers Customers Tremendous Value and Savings

• Welcome Home For New Ford Dagenham Plant Manager

• BMW Financial Services Breaks Ground For New Location

• Nissan North America Begins Production of 2005 Frontier

• Mercedes-Benz A-Class now equipped with new side airbags offering double protection

• The first BMW Convertible with Diesel Power: The 320Cd Convertible

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Kalbfell To Leave BMW Group

Karl-Heinz Kalbfell

Munich/Goodwood - Karl-Heinz Kalbfell (54), Chairman and Chief Executive of Rolls-Royce Motor Cars Ltd., has asked the BMW Group to accept his resignation. Kalbfell will take over new responsibilities outside the BMW Group.

With immediate effect, Stefan Krause, member of the Board of BMW AG responsible for finance, will take the helm at Rolls-Royce Motor Cars in addition to his current role. Krause will remain in this position until a new Chairman and Chief Executive is named.

(Oct 18, 2004)