Tag Archives: Sales results

News

BMW Group recorded sales growth in 2023

2023 has been a successful year for the BMW Group when it comes to sales, and they can be especially pleased with the demand for their electric vehicles, which has increased by 74%.

In the past year, the BMW Group sold 2,555,341 cars worldwide, which is 6.5% more than the same period in 2022. It is the best result ever for the group which includes the BMW, Mini and Rolls-Royce brands.

Sales growth was recorded in all markets, and the most cars were delivered in Asia (over a million units) with a growth of 4.1%. In Europe, 942,805 cars were sold, an increase of 7.5% compared to 2022. In North and South America, the BMW Group sold 480,380 cars, an increase of 9.3%.

When it comes to local markets, 281,986 vehicles were sold in Germany (+11.7%), 395,741 vehicles in the USA (+9.4%) and 842,932 vehicles (+4.2%) in China. This is an excellent result if we take into account that some European manufacturers have recorded a drop in sales on the Chinese market.

Looking at the brands, BMW sold the most cars (2.2 million units). It is interesting that the M performance division sold 202,530 cars, and that Mini sold 295,474 vehicles. Rolls-Royce reached the number of 6,032 cars, which is the best result in the history of this luxury brand and the second year in a row with over 6,000 cars delivered.

The highest demand was for electric vehicles (367,183 units), which is a growth of 74.4% more than in 2022. This means that of the total number of vehicles sold, 15 percent were electric.

This is a good sign for the BMW Group, which intends to switch production to fully electric cars by 2035.

Source: BMW

News

Kia set a new sales record

The year 2023 has ended and companies report their sales results. Thus, KIA announced that last year it achieved a historical sales record with more than 3 million vehicles sold.

Although December was not so successful (-9.2%), taking into account the whole year, Kia recorded a sales growth of 6.3 percent (3,085,771 vehicles) compared to 2022. It was the best result since 2014, when 3,038,552 vehicles were sold. Also, sales records were achieved in almost all major markets such as Europe, the United States and India.

The new Kia EV9 electric SUV, the Sorento, the K5 sedan and the Carnival minivan had a big impact on increasing sales. Also, higher production and reduction of problems in the supply of semiconductors contributed to the historical result.

When it comes to individual models, the highest demand was for the Sportage SUV with 523,502 deliveries, followed by the Seltos SUV with 344,013 deliveries and the Sorento SUV with 242,892 deliveries.

This year too, Kia plans to introduce new fully electric models and attract the attention of a larger number of potential buyers in order to continue sales growth. It is expected that the total number of vehicles delivered this year will exceed 3.2 million, of which the plan is to sell 530,000 vehicles on the domestic market.

Source: KIA

News

BMW sales results in nine months of 2023

After most of the world’s car manufacturers announced their sales results for the first nine months of 2023, many of them recorded sales growth, including BMW. This Bavarian giant has sold 1.62 million cars worldwide, surpassing its competitors Mercedes and Audi.

According to the BMW Group report, in the third quarter of this year, BMW sold 621,699 vehicles worldwide, an increase of 5.7 percent compared to the same period in 2022. The closest competitor was Mercedes, which delivered 1.52 million cars since the beginning of the year, with sales growth of 2 percent. Although Audi recorded a sales growth of 16.2% compared to 2022, it was not enough to threaten the position of these two companies. In nine months of this year, Audi sold 1.38 million cars worldwide.

BMW sold 217,138 battery cars on the global market, of which 83,211 were BEVs. Mercedes-Benz delivered 174,471 electric cars, while Audi sold 123,000 vehicles in the same period.

When it comes to the BMW Group (BMW and Mini BEV and PHEV cars), in 3Q BMW delivered a total of 139,943 units, which is a growth of 42%, with a 22.5% market share. The highest demand was for BEV cars (93,931) which recorded an increase of 80 percent, while 46,012 PHEV cars were delivered, a decrease of 1 percent. Since January, the Bavarian company has delivered a total of 385,411 cars (up 36%), of which BEVs 246,867 units (up 93%) and PHEVs 138,544 units (down 11%).

Source: BMW