BMW Group's Electric Vehicles Lose 50,000 in China, Up 17%
According to data released by the BMW Group’s official website, BMW Group’s global sales in July hit its best monthly sales record in July, with a total of 180,726 units sold, an increase of 0.4% compared to the same period last year. Sales in July also set the best results in the first seven months of the year. In the first seven months, 1,401,551 units were sold, an increase of 4.3% over the same period of last year.
July saw a new milestone for the BMW Group, which has accumulated more than 50,000 electric vehicles sold in the year to date, including BMW i, BMW iPerformance and Mini electric vehicles. The BMW Group currently has a total of 9 electric vehicles. The cumulative sales of electric vehicles in the first 7 months reached 50,711 units, an increase of 74.8% compared to the same period of last year. BMW has thus become the world’s third largest electric vehicle (pure electric and plug-in hybrids). Move) manufacturer. The BMW i3 is also the Group’s best-selling electric vehicle since 2014.
All brand sales rose across the board
The global sales of the BMW brand in July reached 153,511, an increase of 0.1% over the same period of last year. Accumulated sales in the first seven months also set the best record in BMW history, accumulatively selling 1,191,547 vehicles, a year-on-year increase of 4.5%. All models of the BMW brand have performed well, but the BMW X series is still the main driver of sales growth. Although the BMW X3 was facing an upgrade, the overall sales of the X series still reached 407,492 units, an increase of 15.4% compared with the same period of last year. The BMW 1 Series and BMW 7 Series sold 107,460 vehicles and 37,159 vehicles, respectively, with an increase of 8.5% and 21.9% respectively. In addition, BMW's new 5 Series does not account for 17,712 vehicles sold in the Chinese market, which represents an increase of 34.9% year-on-year. The BMW 5 Series is currently undergoing upgrades in China. In July, a total of 6,766 vehicles were sold in the Chinese market (Mainland), a year-on-year increase of 47.2%.
The global sales of the Mini brand continued to grow in July. In the previous month, 26,974 units were sold, a year-on-year increase of 2.0%. In the first seven months, Mini sold 208,188 vehicles, an increase of 3.4% compared with the same period of last year. Mini Convertible and Clubman's year-to-date sales reached 21,248 vehicles and 34,086 vehicles, respectively, an increase of 23.4% and 6.5% respectively. The new Mini Countryman is still the main driver of sales growth. Last month, it sold 6,810 vehicles, an increase of 33.5%.
In July, BMW's sales reached a record high, with a total of 14,835 units sold, an increase of 7.6% over the same period of last year. Accumulated sales for the first seven months were 103,224 units, an increase of 9.2% compared to the same period last year.
Comparison of major market sales
In view of the increasing instability of the economic environment in major global markets, the BMW Group chose to continue its policy of balancing sales in various markets around the world in order to obtain profits and achieve substantial growth.
The sales of European markets represented by the United Kingdom declined slightly in July, but year-to-date sales still maintained a slight increase, up 1.7% year-on-year. The BMW Group sold 51,569 vehicles and 35,731 vehicles in France and Spain, respectively, with gains of 3.6% and 8.9% respectively.
The BMW Group continues to maintain growth in the Asian market, especially in the Chinese market. Sales of BMW brand and Mini brand in the first seven months of the Chinese market rose by 17.0%, with a total of 336,591 units sold.
The BMW Group continued to decline in the Americas market. The US market was more obvious. Cumulative sales in the Americas market fell by 3.5% in the first seven months. BMW's sales in the United States decreased by 5.5%, with a total of 197,654 units sold.
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