BMW Group third-quarter global sales up +5.8%
London, 10 October 2023, (Oilandgaspress) – The BMW Group sold 93,931 fully-electric BMW and MINI vehicles in the third quarter – an increase of +79.6% compared to the same period of last year. The BMW brand once again doubled its third-quarter deliveries of fully-electric vehicles from the same period of last year (+100.3%). The company was thus able to translate customer interest in its fully-electric products into dynamic growth.
“The sales success of the third quarter shows that our customers appreciate our wide range of attractive products across all drive technologies. Our fully-electric products, in particular, are benefiting from high demand worldwide – as seen in our BEV sales, which significantly outperformed the total BEV market in the first nine months,” said Pieter Nota, Member of the Board of Management of BMW AG responsible for Customer, Brands, Sales. “Overall, we are on track to meet our growth targets for 2023,” Nota continued.
The BMW Group delivered a total of 621,699 BMW, MINI and Rolls-Royce vehicles to customers in the third quarter. This represents a year-on-year growth of +5.8%. In the third quarter, the company continued to build on its strong competitive position in key core markets. Between January and September, BMW Group sales climbed to 1,836,563 units (+5.1%).
In the third quarter, the BMW brand delivered 549,941 vehicles to customers worldwide – an increase of +6.2% compared to the same period of the previous year. Thanks to its attractive line-up, the brand is benefiting from high demand and remains number one in the global premium segment.
The BMW brand is reporting particularly strong demand for its fully-electric vehicles; in the third quarter, BEV deliveries once again doubled from the same period of last year (+100.3%) to 83,211 units. Between January and September, 217,138 fully-electric BMW vehicles were delivered to customers.
The BMW 4 Series models and, in particular, the fully-electric BMW i4*, are proving especially popular, while the BMW iX1* and X1 are also highly sought-after. Models from the upper price segment, like the 7 Series, the updated BMW X7, and the BMW X5 and BMW X6 models, are also driving sales growth.
BMW Group sales in Q3/YTD September 2023 at a glance
3rd Quarter 2023 | Compared with previous year % | YTDSeptember 2023 | Compared with previous year % | |
BMW Group Automotive | 621,699 | +5.8% | 1,836,563 | +5.1% |
BMW | 549,941 | +6.2% | 1,621,267 | +5.7% |
– BMW M GmbH | 48,978 | +13,2% | 143.665 | +15.4% |
MINI | 70,384 | +2.6% | 210,741 | +0.7% |
BMW Group electrified1 | 139,943 | +41.6% | 385,411 | +36.1% |
BMW Group BEV | 93,931 | +79.6% | 246,867 | +92.6% |
Rolls-Royce | 1,374 | -9.0% | 4,555 | -3.1% |
BMW Motorrad | 52,037 | +0,5% | 164,908 | +3,5% |
1BEVs and PHEVs
BMW & MINI sales in the regions/markets
3rd Quarter 2023 | Compared with previous year % | YTDSeptember 2023 | Compared with previous year % | |
Europe | 221,496 | +12.9% | 670,119 | +6.4% |
Germany2 | 70,901 | +17.9% | 205,775 | +11.4% |
Asia | 271,561 | -0.8% | 783,189 | +2.0% |
China | 210,331 | -1.8% | 602,911 | +1.7% |
Americas | 113,407 | +8.9% | 338,093 | +9.8% |
USA | 91,849 | +7.8% | 277,132 | +10.9% |
2Provisional registration figures
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