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The BMW Group has officially announced its achievements for the financial year 2023. Throughout 2023, BMW Group reported a notable increase in vehicle deliveries, totaling 2,554,183 units, marking a 6.4% rise from the previous year….
Horatiu Boeriu / March 14, 2024
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The BMW Group posted record sales in 2023 as demand grew in all important regions of the world. While some of you would expect Europe to be the biggest market for the automotive conglomerate, that…
Adrian Padeanu / January 10, 2024
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Having examined the sales numbers for each brand within the BMW Group, it only makes sense to evaluate how the conglomerate performed as a whole in 2023. With a total of 2,555,431 units delivered last…
Adrian Padeanu / January 9, 2024
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The BMW Group sold a total of 2,521,525 cars in 2021 to establish a record. Although it couldn’t match that performance in the year that just ended, the automotive conglomerate wasn’t far behind. The full…
Adrian Padeanu / January 5, 2023
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BMW Group sales climbed +17.9% year-on-year in 2021
by Horatiu Boeriu
/ Date: October 11, 2021
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BMW lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9% previously forecasted. Furthermore, BMW raised their forecast for return on equity in its financial services segment to 20%-23% from…
Horatiu Boeriu / September 30, 2021
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BMW managed to increase its sales significantly over the course of the first half of 2021, not just compared to the pandemic-stricken 2020 but also compared to 2019. Sales went up by nearly 40 percent…
Gabriel Nica / August 3, 2021
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BMW had great plans for 2020 at the beginning of the year. Investments in electric models were planned, a deep focus on automotive driving systems was included in the forecast, as well as a good…
Gabriel Nica / November 5, 2020
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The Coronavirus pandemic has put a huge dent in businesses around the world. And certainly, the automotive industry was affected as well. So while the 2020 sales projects might not be met, BMW is showing…
Gabriel Nica / October 7, 2020
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In the first quarter of 2020, BMW Group delivered a total of 477,111 (‑20.6%) premium BMW, MINI and Rolls-Royce vehicles to customers. The significant decrease in sales is tied to the COVID-19 pandemic which has…
Horatiu Boeriu / April 6, 2020
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The BMW Group ended 2019 with an overall substantial decrease in net profit by -28.9% compared to 2018, with profitability directly impacted due to high investment costs in the push for the massive electrification of…
Adrian Dorofte / March 13, 2020