The weakness in the Chinese market makes the Munich carmaker BMW to accomplish. According to Thursday, the company, which in addition to the core brand BMW also includes Mini and Rolls-Royce, set 586,149 vehicles worldwide in the first quarter, which is 1.4 percent less than before the year. It went up in Europe with plus 6.2 percent and in the USA Before the introduction of the 25 percent car tariffs with plus 4.1 percent. In China However, only 155,195 cars were sold, which is 17.2 percent less than in the previous year.
In the People’s Republic, premium manufacturers suffer from the crisis on the real estate market, which particularly makes life difficult for wealthy Chinese and keeps them from buying vehicles. In the case of electric cars, the increasing competition is added by domestic manufacturers, which dominate the market for these particularly popular vehicles. Also Volkswagen Most recently recorded a sales minus in China.
BMW sales chief Jochen Goller (57) was still satisfied. “We confidently agree with the order inputs across all drive types, which mostly recorded significant growth in our home market in Germany,” he said. It was most recently up to the electric cars, of which BMW sold a third more with 109,156 vehicles than in the previous year.
It went well with the electrical mini models: in Europe every third and more than every second mini in China, Goller said.