Saturday 21 September 2024
 
»
 
»
Story

BMW Group global sales up in January

DUBAI, February 19, 2019

The BMW Group has revealed that global deliveries of its three premium automotive brands increased by 0.5 per cent in January, with a total of 170,463 BMW, MINI and Rolls-Royce cars delivered to customers.

This is the company’s strongest-ever start to a year, achieved despite the current headwinds affecting the industry in several markets, said a statement from BMW Group.
 
Pieter Nota, a member of the board of management of BMW AG responsible for sales and Brand BMW, said: “We’re pleased to have achieved a sales increase in January, despite the challenging market conditions around the world.”

“We do expect slight growth in 2019, although the model changeover of the BMW 3 Series, our all-time top-selling model, will impact sales in the first quarter. Growth will be driven mainly by full availability of the BMW X5, the introduction of the all-new BMW X7 and, of course the seventh generation of the BMW 3 Series,” Nota said.

“In January, I was also pleased to see sales of our electrified vehicles grow, despite model changeovers of two key models. By the end of this year, the number of BMW Group electrified vehicles on the roads around the world will total more than half a million,” Nota added.
 
January saw BMW brand sales increase by 0.8 per cent to total 149,616 vehicles delivered globally, a new record for the month. Limited availability of some compact models and the current model changeover of the BMW X5 and BMW 3 Series was offset by sales of the BMW X3, which more than doubled (22,818 / +138.3 per cent) and sales of the new BMW X4 (4,397 / +36.9 per cent).
 
Overall sales of BMW Group Electrified vehicles increased by 1.4 per cent compared with January last year, with a total of 7,234 delivered to customers around the world. This increase was achieved despite limited availability of two key plug-in hybrid vehicles due to model changeovers - the introduction of the new BMW 330e and the new BMW X5 xDrive45e later this year is expected to support further sales growth of the company’s range of electrified vehicles.

The BMW i3 is the company’s best-selling electrified vehicle; the introduction late last year of an optional new, more powerful battery helped grow i3 sales in January to 2,598, 30.4 per cent more than in the same month last year. The BMW 530e (fuel consumption combined: 2.2-2.1 l/100 km; power consumption combined: 13.6-13.3 kWh/100 km, CO2 emissions combined: 49-47 g/km) was also a significant growth driver, with deliveries up 82.0 per cent (1,722).
 
2019 will also see the launch of the MINI Electric – the fully-electric car will be introduced to the public later this year. It looks set to build on the success of the MINI Countryman Cooper S E plug-in hybrid (fuel consumption combined: 2.5-2.4 l/100 km, power consumption combined 13.7-13.4 kWh/100 km, CO2 emissions combined: 56-55 g/km), which grew its sales by 25.7 per cent in January (1,027) thereby accounting for 18.0 per cent of MINI Countryman sales. January deliveries of MINI brand vehicles totalled 20,575 (-1.7 per cent).
 
Following its eighth successive record sales year, BMW Motorrad began 2019 with a 1.5 per cent increase in sales. In total, 8,578 premium BMW Motorrad motorcycles and maxi-scooters were delivered to customers around the world in January.

With ongoing economic headwinds in several significant markets, the BMW Group continues its strategy of prioritising profit ahead of volume.
 
Mainland China was the company’s main growth driver in January, with a sales increase of 15.5 per cent (63,135) in the month. Much of that growth is due to the full availability of the BMW 5 Series and the locally produced BMW X3, which went into production in China in the summer of last year. As expected, significant model changeovers in the US led to a sales decrease (20,559 / -6.3 per cent) in the company’s second-largest market, while several European markets continue to be affected by economic headwinds, it stated. – TradeArabia News Service




Tags: | Sales | global | BMW Group | UP | January |

More Industry, Logistics & Shipping Stories


Markets

calendarCalendar of Events

Partners

4580

Ads

Buy high quality China wholesale Health & Beauty , Electronics, Sports & Outdoors , Computers, Video Games, Toys & Hobbies Cell Phones, Automobiles and other wholesale products directly from reliable Chinese wholesalers or Factories on DHgate.com