BMW, the high-end carmaker, has elected to keep its U.S. media agency assignment with Interpublic’s UM after a 14-month review that began in May of 2015.
IPG CEO Michael Roth confirmed that the account had been retained during a call with analysts Thursday morning.
The carmaker spent about $185 million on ads in 2015, and affiliated dealer groups spent an additional $135 million, according to Kantar Media.
UM has serviced the account since winning the client’s previous U.S. review in 2009 when it out-dueled then-incumbent GSD&M Idea City, part of Omnicom Group.
advertisement
advertisement
Media is not where BMW is hurting. Product differentiation and line up. Dealer relationship. Sales messaging. That's where the bimmers are losing the battle.