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By MT Bureau| Apr 09, 2021

BMW's First-Quarter Sales Reports Indicate Global Growth

BMW sold 636,606 vehicles in Q1 of 2021. The company increased its sales year-on-year in all major regions of the world.

“Our sales performance was boosted by strong demand for our electrified vehicles, in particular. In the past three months, we doubled our global sales of electrified vehicles compared to the same period last year. This puts us on track to deliver more than 100,000 fully-electric vehicles this year, with at least a million electrified vehicles on the roads in total by the end of this year,” said Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands and Sales.

BMW Group sales in Q1 2021 at a glance

 

1st Quarter 2021

Compared with the previous year Percentage

BMW Group Automotive

636,606

+33.5%

BMW

560,543

+36.2%

- BMW M GmbH

37,896

+21.0%

MINI

74,683

+16.2%

BMW Group electrified*

70,207

+129.8%

Rolls-Royce

1,380

+61.8%

BMW Motorrad

42,592

+22.5%

BMW & MINI sales in the regions/markets

In China, the BMW Group reported its best-ever first quarter. Sales in the first three months of the year exceeded the high pre-crisis deliveries in the first quarter of 2019. The Asian market of South Korea sold 20,321 vehicles between January and March, with sales climbing 42.8% compared to the same period last year.

In the US, the BMW Group was able to build on its strong fourth quarter of 2020: Sales were up 20.1 per cent in the first three months of this year with a total of 77,718 BMW and MINI vehicles delivered to customers. In Europe, despite the impact of the coronavirus pandemic on retail, total BMW and MINI sales increased by 8.3% to 238,761 vehicles.

 

BMW & MINI Regional Sales

 

1st Quarter 2021

Compared with the previous year percentage 

Europe

238,761

+8.3%

- Germany*

67,804

-0.3%

Asia

286,968

+76.4%

- China

229,748

+97.3%

Americas

95,961

+17.3%

- USA

77,718

+20.1%

BMW Sales Figures

The BMW brand delivered 560,543 vehicles to customers (+36.2%) in the first quarter of this year. The main factors contributing to the brand’s first-quarter sales success were the X models’ high popularity with customers (246,068 units, +36.5%), as well as sales increases of 43.0% for the new BMW 5 Series and 43.6% for the 3 Series.

MINI Sales Figures

In the first quarter of 2021, a total of 74,683 MINI vehicles were delivered to customers. MINI saw growth in sales in all regions of the world compared to the first quarter of 2020.

The MINI Countryman proved especially popular with customers, posting growth of 36.0 per cent; MINI 3 door sales were up by 23.4 per cent, while 19.1 per cent more John Cooper Works models were sold than in the previous year. Electrified vehicles accounted for 15 per cent of total MINI sales in the first quarter – double the figure for the previous year.

Electrified Car Sales Figures

With 70,207 units sold in the first quarter of the year, the BMW Group more than doubled its global sales of both PHEV and fully electric vehicles. BMW offers a range of fully electric vehicles - BMW iX3, BMW i3 and the MINI Cooper SE. These models will be joined by the BMW iX and the BMW i4 over the course of this year.

“Our customers are very interested in both of these vehicles. That impressively underlines our perfect planning: the BMW iX and BMW i4 are coming at exactly the right time,” added Nota.

BMW M GmbH continues the success of the record year 2020 in Q1

With sales up 21.0 per cent (37,896 units) year-on-year, BMW M GmbH concluded a successful first quarter. The X5 M and X6 M were the main drivers of growth in the high-performance models. In the performance segment, the M440i Coupé was the significant source of growth. BMW M GmbH continued its model initiative in March, launching four product highlights, the M3/M4, M440i Convertible and M5 CS.

BMW Motorrad: Sales performance confirms successful growth strategy

BMW Motorrad was able to deliver 42,592 motorcycles and scooters to customers in the quarter of this year (+22.5%) – it is their best-ever sales result for the first quarter. Its product offerings and the market launch of various new products, provide key elements for the continued success of BMW Motorrad.

BMW Group Future Plans

The BMW Group plans to have around a dozen fully electric models on the roads from 2023. In the coming years, these will include fully electric versions of the BMW 5 Series, the 7 Series, the X1 and the successor to the MINI Countryman. Between now and 2025, the BMW Group plans to increase its sales of fully- electric models by an average of well over 50% per year – more than ten times the number of units sold in 2020.

The BMW Group expects fully-electric vehicles to account for at least 50% of its global sales in 2030. The MINI brand is likely to reach this milestone already in 2027. By the early 2030s, MINI plans to be the first BMW Group brand with a product range that is exclusively fully electric. As a pure-electric global brand. Over the next approximately ten years, the BMW Group plans to have a total of around ten million fully electric vehicles on the roads. (MT)

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