Munich. The BMW Group posted solid year-on-year sales
growth of 8.6 percent in the third quarter, with a total of 675,680
vehicles delivered to customers. As expected, the sales performance
from January to September meanwhile reflects the global impact of the
Corona Pandemic. During this period, the company sold 1,638,316
(-12.5%) premium BMW, MINI and Rolls-Royce vehicles worldwide.
“Thanks to our strong model line-up, we were able to increase our
third-quarter sales year-on-year, despite the lasting effects of the
coronavirus pandemic,” said Pieter Nota, member of
the Board of Management of BMW AG, responsible for Customer, Brands,
Sales. “We are especially pleased with the sales growth of almost 50
percent in electrified vehicles. This makes electromobility a
substantial growth driver. We have already delivered around 10,000
fully-electric MINIs* since the start of the year. This shows how much
our customers appreciate this car,” Nota continued.
Strong product portfolio spurs third-quarter sales growth
In the third quarter, 9.8 percent more BMW vehicles
(585,336 units) were sold than in the same period of last year. The
company generated important product momentum with new models like the
BMW 2 Series Gran Coupé, updated BMW 5 Series models and the BMW X3,
which is now available with four different drive train variants. Due
to effects from the coronavirus, 11.3 percent fewer BMW vehicles were
delivered to customers in the first nine months of the year.
The MINI brand delivered a total of 208,144 (-20.0%)
vehicles to customers in the year to the end of September. In the
third quarter, MINI posted encouraging sales growth of 1.9 percent.
Rolls-Royce Motor Cars reported sales of 2,651
(-28.5%) motor cars year to date. Global demand remains strong across
all models, with third quarter sales up +54% compared to the previous
quarter (Q2 2020). Increasing order intake indicates a robust fourth
quarter and a strong end to the year. New Ghost was launched in
September with first customer deliveries due in late Q4.
A total of 129,599 motorcycles were also sold
between January and September (-5.4%); 52,892 of these were in the
third quarter – an increase of 20.9% year-on-year.
Electromobility as a substantial growth driver
The BMW Group delivered a total of 116,381 (+20.0%) BMW and MINI
electrified vehicles to customers in the first nine
months of the year. With 54,719 units delivered in the third quarter,
the company sold 46.6 percent more electrified vehicles than in the
same period of the previous year.
The new plug-in hybrid variants of the BMW X2*, BMW 3 Series and BMW
5 Series underscore the BMW Group’s leading role in the premium
electrified segment in Europe and worldwide. Deliveries of the
fully-electric BMW iX3* will begin before the end of 2020.
Next year, the BMW Group will continue the systematic electrification
of its model line-up, with the fully-electric BMW i4 and the BMW
iNEXT. The company plans to have more than seven million electrified
vehicles on the roads by 2030; two thirds of them fully-electric. By
2023, the BMW Group will offer customers no fewer than 25 electrified
models – including a fully-electric variant of the next-generation BMW
7 Series, the BMW X1 and the BMW 5 Series. Customers will be able to
choose between the pure electric vehicle, a plug-in hybrid, an
efficient diesel and a petrol version with 48-volt technology.
MINI models are also contributing to sales success in the field of
electromobility. The fully-electric MINI Cooper SE* has proved
particularly popular with customers, with around 10,000 units sold in
the year to date.
BMW and MINI sales in key regions worldwide
Germany
The BMW Group increased sales by 12.1% (85,579 units) in its domestic
market in the third quarter. Due to the coronavirus, the number of
cars sold since the start of the year was down 16 percent overall to
201,865 units. With an increase of around 44%, sales of electrified
vehicles have been very positive since the beginning of the year
reaching a share of around twelve percent of total sales.
Europe
In the Europe region, a total of 648,107 (-19.7%) BMW and MINI
vehicles have been delivered to customers since the start of the year.
Third-quarter sales were 7.1 percent higher than in the same period of
last year (275,618 units). Sales of electrified vehicles (+85.1%) were
particularly encouraging during this period. Overall, the situation in
Europe continues to vary from region to region due to the coronavirus pandemic.
Americas
With 99,052 vehicles sold in the third quarter (-17.0%) and 251,154
in the year to September (-25.7%), the sales situation in the Americas
currently seems to be the hardest hit by the pandemic. However, last
quarter customer demand for BMW vehicles in the US recovered faster
than expected. In the last quarter, sales of electrified vehicles in
the Americas region increased by more than a quarter (+28.2%).
China
In China, sales of BMW and MINI vehicles totalled 559,681 units for
the first nine months of the year; 6.4 percent higher than in the same
period of last year. After an encouraging second quarter, recovery
continued in China in the third quarter with a significant sales
increase of 31.1% to 230,612 units. Per September the sale of
electrified vehicles in China increased by 7.4 percent (20.713 units).
BMW Group sales in Q3/YTD September 2020 at a glance
|
3rd Quarter 2020 |
Compared with previous year % |
YTD Sept. 2020 |
Compared with previous year % |
BMW Group Automotive
1 | 675,680 | +8.6% | 1,638,316 | -12.5% |
BMW
1 | 585,336 | +9.8% | 1,427,521 | -11.3% |
MINI
1 | 89,253 | +1.9% | 208,144 | -20.0% |
BMW Group electrified*
1 | 54,719 | +46.6% | 116,381 | +20.0% |
Rolls-Royce
1 | 1,091 | -9.5% | 2,651 | -28.5% |
BMW Motorrad | 52,892 | +20.9% | 129,599 | -5.4% |
*BEVs and PHEVs
BMW & MINI sales in the regions/markets
|
3rd Quarter 2020 |
Compared with previous year % |
YTD Sept. 2020 |
Compared with previous year % |
Europe
1 | 275,618 | +7.1% | 648,107 | -19.7% |
| 85,579 | +12.1% | 201,865 | -16.0% |
Asia
1 | 288,370 | +24.9% | 704,523 | +3.0% |
| 230,612 | +31.1% | 559,681 | +6.4% |
Americas
1 | 99,052 | -17.0% | 251,154 | -25.7% |
| 78,634 | -15.7% | 199,571 | -24.6% |
*Provisional registration figures
1In connection with a review of its sales and related
reporting practices, BMW Group reviewed prior period retail vehicle
delivery data and determined that certain vehicle deliveries were not
reported in the correct periods. Further information can be found in
BMW Group’s 2019 Annual Report on page 54. As an update of the
information given there, BMW Group has revised the data on vehicle
deliveries retrospectively going back to 2015 in its sixteen most
significant markets.
If you have any questions, please contact:
Corporate Communications
Christina Hepe, Corporate Communications
christina.hepe@bmw.de, Telephone: +49-89-382-38770
Eckhard Wannieck, head of Corporate and Culture Communications
eckhard.wannieck@bmw.de, Telephone: +49 89 382-24544
Media website: www.press.bmwgroup.com
Email: presse@bmwgroup.com
The BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW
Group is the world’s leading premium manufacturer of automobiles and
motorcycles and also provides premium financial and mobility services.
The BMW Group production network comprises 31 production and assembly
facilities in 15 countries; the company has a global sales network in
more than 140 countries.
In 2019, the BMW Group sold over 2.5 million passenger vehicles and
more than 175,000 motorcycles worldwide. The profit before tax in the
financial year 2019 was € 7.118 billion on revenues amounting to
€ 104.210 billion. As of 31 December 2019, the BMW Group had a
workforce of 126,016 employees.
The success of the BMW Group has always been based on long-term
thinking and responsible action. The company has therefore established
ecological and social sustainability throughout the value chain,
comprehensive product responsibility and a clear commitment to
conserving resources as an integral part of its strategy.
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