BMW production in South Carolina
The German carmaker was able to significantly increase sales of electric cars in the first half of the year.
(Photo: AP)
BMW achieved higher sales of electric cars in North America in the first half of the year than in all of 2022. 17,964 fully electric vehicles were sold, the German carmaker said on Wednesday. Electric vehicles accounted for 12.9 percent of total BMW brand sales in the second quarter, it said. Sales of the BMW brand rose 11.5 percent year-on-year in the three months from April to June.
Competitor Volkswagen (VW), on the other hand, has suffered losses. In the three months, 76,934 vehicles of the VW brand were delivered, said the Wolfsburg carmaker. That was a decrease of 1.7 percent compared to the previous year. The VW subsidiary Audi shone with an increase in sales of 15.7 percent to 55,582 cars.
Toyota Motor’s North American subsidiary (TMNA), meanwhile, reported a 7.1 percent increase in U.S. sales to 568,962 units for the quarter ended June. However, US rival General Motors (GM) surpassed this with an increase of almost 19 percent to a total of 691,978 units. Among them were 15,652 electric vehicles (EV).
The sales figures indicate that the rise in interest rates in the USA has not yet had an impact on the willingness of citizens to buy.
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First publication: 06.07.2023, 8:25 a.m.