German Manager Magazin: BMW: Sales slumped in the second quarter 001903

Continued bottlenecks in the semiconductors, the war in the Ukraine and the corona lockdowns in China have in the second quarter the sales figures of bmw burdened. With 563,536 BMW, Mini and Rolls-Royce vehicles, the carmaker delivered almost a fifth fewer than in the strong prior-year period, BMW announced on Friday.

After a not-so-big drop in the first quarter of the year, this resulted in a drop in sales of 13.3 percent to around 1.16 million vehicles in the first half of the year. In terms of sales, however, the first half of 2021 was also the strongest in the company’s history.

The decline in the core brand in the first six months was 13.7 percent year-on-year to just under one million vehicles. With the Mini, the minus is almost 11 percent, with Rolls-Royce there was still a small plus in the half-year.

Sales of electrified vehicles increased significantly in the first half of the year, increasing by a good fifth to 184,553 units. This also includes 75,891 all-electric vehicles, sales of which more than doubled. BMW is on course to more than double sales of all-electric vehicles by the end of the year, as planned.

However, BMW is still a long way from the 641,350 electric cars that the Chinese manufacturer BYD sold worldwide in the first half of the year. With its sales figures, BYD recently pushed electric car pioneer Tesla off the throne, which sold only 564,000 vehicles.

The biggest slump in sales was on the Chinese market at almost 19 percent. After all, sales of fully electric vehicles increased by 75 percent here. In the United States (-10.3 percent) and in Germany (-12.4 percent), significantly fewer vehicles were sold than in the first six months of 2021.

Go to Source