2023 Author: Eric Donovan | [email protected]. Last modified: 2023-08-25 09:36
BMW suffered a significant drop in sales in August. However, the carmaker confirmed that it wanted to set a new record for 2006 as well.
The car maker BMW posted a significant drop in sales in August. The number of vehicles sold by the BMW Group fell by 10.9 percent to 88,394 vehicles, the company announced on Thursday in Munich. Sales of vehicles from the core BMW brand fell by 10.1 percent to 76,502, while those of Mini fell by 15.8 percent to 11,832 cars. In the Motorcycles division, sales fell 4.7 percent to 6,279 machines. Only the Rolls Royce brand recorded a small increase in sales to 60 vehicles.
Slight plus until August
Calculated over the first eight months, however, there was an increase of 3.8 percent to 889,345 vehicles for the entire group. At BMW, growth was 6.0 percent to 760,237 vehicles. Only MINI and the motorcycle division recorded a decline so far this year. The sales figures for the small car fell by 7.6 percent to 128,710 cars due to the conversion of production at the Oxford plant and due to the upcoming model change. For motorcycles, sales figures were 3.2 percent below the previous year's level, partly because of the long and harsh winter.
Regardless of the somewhat weaker months of July and August, Sales Director Michael Ganal confirmed the previous plans for the full year. For example, BMW wants to exceed last year's sales record of more than 1.3 million vehicles. BMW had posted vigorous sales growth, especially in the first few months of the current year.
Recommended:
Porsche Expects Sales To Decline By Ten Percent
The corona crisis is also causing production to come to a standstill at Porsche. The VW subsidiary expects a significant decline in sales in the first quarter
Car Manufacturer PSA Increases Sales Despite Decline In Sales
The French car manufacturer PSA was able to increase its sales in the third quarter. This was primarily due to the demand for higher-priced SUVs
BMW With Sales Decline Due To Model Change
The model change for the BMW 3 Series has caused a drop in sales for the Munich-based company. For the core brand, it was 4.7 percent
BMW Motorrad With Sales Decline In May
BMW Motorrad is feeling the effects of weak demand in southern Europe. In May, sales by the Munich-based company fell by almost nine percent
BMW Expects A Double-digit Decline In Sales
BMW expects the overall market to decline by up to 20 percent this year. Nevertheless, CEO Norbert Reithofer sticks to the long-term
