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%. Between January and September, BMW Group sales climbed to 1,836,563 units (+5.1%).
Results last quarter and year-to-date:
- BMW sales: 549,941 (up 6%) and 1,621,267 (up 6%)
- MINI sales: 70,384 (up 3%) and 210,741 (up 1%)
- BMW Group Automotive sales: 621,699 (up 6%) and 1,836,563 (up 5%)
Meanwhile, BMW Group battery electric vehicle (BEV) sales in Q3 increased by nearly 80 percent year-over-year to a new record of 93,931. This accounted for 15.1 percent of the total volume (compared to 8.9 percent a year ago).
It's worth noting that plug-in hybrids remain on a downward trend, although in Q3, the rate of year-over-year decline slowed down to about one percent (46,012).
Overall, the BMW Group sold almost 140,000 rechargeable cars last quarter (up 42 percent year-over-year), which is 22.5 percent of the total volume.
BMW Group global plug-in car sales in Q3'2023:
- BEVs: 93,931 (up 80%) and 15.1% market share
- PHEVs: 46,012 (down 1%) and 7.4% market share
- Total: 139,943 (up 42%) and 22.5% market share
“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.
Source: BMW