Automobile industry: BMW sold 2.55 million cars – a record

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A BMW 7 car is being assembled at a factory in Indonesia. (symbol image)

Purely electric car (BEV) sales increased 74 percent to 376,000 vehicles. This means BMW is growing faster in this segment than the overall market for fully electric vehicles, capturing a 15 percent share of the group’s total sales, new sales director Jochen Goller said.

BMW wants to increase its share of total sales to around 20 percent by selling more than half a million BEVs this year. “We continue to see high demand for our fully electric products,” said Goller, referring to the 18 BEV models offered by the group.

All regions contributed to the automaker’s record sales. It grew by 4.2 percent in China, 7.5 percent in Europe and 9.4 percent in the USA.

In 2022 and also in the first quarter of 2023, a shortage of semiconductors, delivery bottlenecks and corona restrictions in China caused BMW’s sales figures to decline, but then things got progressively better. Global sales rose 10 percent to 719,000 vehicles in the latest quarter.

(SDA)

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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