05-13-2016, 11:18 AM | #1 |
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BMW Global Sales Continue to Grow
BIMMERPOST NEWS BMW Global Sales Continue to Grow BMW Group global sales continue to grow.
“Following on from our best-ever sales month in March, we have once again achieved sustainable and profitable levels of growth across the BMW Group product line-up,” said Dr Ian Robertson, member of the Board of Management of BMW AG responsible for sales and marketing BMW. “Despite headwinds in some markets, the overall global picture remains positive for the year,” he added. BMW brand sales achieved a new April sales high with a total of 150,542 vehicles delivered to customers worldwide, an increase of 1.1% compared with the very high sales of the same month last year. The brand’s year-to-date figures stand at 629,325 deliveries, an increase of 4.8% on the previous year. Whilst many vehicles within the product line-up have achieved increased sales this year, the BMW X models are the biggest growth drivers. Sales of the new BMW X1 have increased by 60.6% compared with the first four months of 2015, with a total of 63,243 delivered to customers worldwide. Double-digit growth was also achieved by the BMW X3: worldwide sales have climbed 18.4% to total 49,325. Other BMW models which achieved double-digit sales growth include the BMW 2 Series, with sales up 54.8% (59,407) and the BMW 7 Series, which grew sales by 15.8% in the first four months of the year (14,609). April saw growing demand for the BMW Group’s increasing number of innovative vehicles with electric drive – a total of 4,504 pure electric and plug-in hybrid vehicles were sold around the world in the month. The top three markets for these vehicles were the USA, Scandinavia and the UK. Sales of the all-electric BMW i3 increased 50.7% compared with the same month last year (1,854), with overall sales for BMW i up 29.4% on the month (2,181). Six months after market launch of the BMW X5 xDrive 40e plug-in hybrid, nearly 10% of all BMW X5s sold in April were the electrified version, with a total of 1,196 delivered to customers worldwide in the month. Customer deliveries of MINI vehicles in April totalled 28,441 worldwide, an increase of 6.3% on the same month last year and a new record for the month. Year-to-date sales of the brand rose 5.6% to 106,753. The two newest members of the MINI line-up are driving the sales growth: sales of the MINI Convertible are up 12.0% to total 5,849 worldwide in the first four months of the year while sales of the MINI Clubman in the same period total 16,409. Europe continues to be a strong growth driver for BMW and MINI sales, with deliveries in the first four months of 2016 totalling 341,195 units, an increase of 9.9% compared with the same period last year. Almost all markets in the region have achieved sales growth in the year-to-date, with double-digit increases recorded in several markets including France (27,784 / +12.2%), Spain (17,884 / +20.6%) and Scandinavia (17,491 / +14.4%). Year-to-date deliveries of BMW and MINI vehicles in Asia increased by 6.2% compared with the same period last year, with a total of 234,463 units delivered to customers in the region. In Mainland China, deliveries rose 6.0% (162,221), sales in South Korea climbed 15.6% (19,550) and deliveries in Japan rose 6.7% (22,936). In the Americas, year-to-date sales of BMW and MINI vehicles are down 8.1%, with a total of 138,033 units delivered to customers. Total sales of 111,199 in the USA are 10.1% down on the same period last year, as supply to the market is currently being rebalanced in order to take account of increasing demand for SAV models. Deliveries in Canada are up 9.3% (13,197) and sales in Mexico in the year-to-date rose 7.1% (9,766). BMW Motorrad continued its run of record sales in April with deliveries up 1.4% (16,793). Around the world, a total of 50,581 BMW motorcycles and maxi-scooters have been delivered to customers so far in 2016 (+5.5%). |
05-13-2016, 11:40 AM | #3 |
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This is a very general view but North America (USA) was always BMW's biggest market until recently. I think China (in 2015) was BMW's largest market followed by the U.S. and then Germany? It's been no secret that BMW has upped the marketing over in Asia and I would assume its the same for Europe where BMW had a very small presence compared to North America.
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05-13-2016, 11:53 AM | #4 |
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The luxury car market in Asia is growing a lot faster than the market in North America and Europe. While BMW is selling more cars than last year, it is loosing market share also in those high growth markets. For comparison, Daimler's yoy global growth in deliveries for April is >10%. If a market is expanding, you can sell more than last year but still loose to your competitors.
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05-13-2016, 11:55 AM | #5 |
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05-13-2016, 01:43 PM | #6 |
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They're sales are growing and so are the price tags lol. I still can't believe that you can end up spending close to $100k to get a loaded M3.
Much better things I can do with that money and so many other options. I wish they would start making more options standard like Honda has been doing. I know it's not apples to apples comparison, but the simple fact that all BMW's don't come with BMW Apps package is a complete joke. Their cheapest car starts in the mid 30's and you can't get f'n Bluetooth connect? Seriously!? |
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05-13-2016, 01:50 PM | #7 | |
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Mercedes April -164,063 BMW - 150,542. Year to date, Mercedes lead is just over 18,000 units. It's gonna be hard for BMW to retain the sales crown this year, both globally and in the US |
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05-13-2016, 01:59 PM | #8 | |
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05-13-2016, 02:02 PM | #9 | |
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05-13-2016, 03:08 PM | #10 |
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I don't know why they don't realease the LCI for 4 series sooner.
Now the 3 series is the oldest from the trio, and only 4 series can push the sales better. Overall this will be an easy year for Merc to win the sales battle. |
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05-13-2016, 03:57 PM | #11 | |
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The M850i is evidence that BMW have got their mojo back when it comes to dynamic sports cars...
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05-13-2016, 03:59 PM | #12 |
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The 5er F10 is the best selling mid-line executive sedan. With over two million F10 have been sold since its introduction in 2010.
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The M850i is evidence that BMW have got their mojo back when it comes to dynamic sports cars...
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05-13-2016, 04:02 PM | #13 | |
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You could also buy a Porsche....Porsche is known for their generous standard feature list... |
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05-13-2016, 04:03 PM | #14 | ||
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Genius! ??? |
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05-13-2016, 04:42 PM | #16 | |
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If we go back only 10 years, the Germany & UK alone accounted for far more than the USA. Ten years before that, USA was half what Germany alone was doing. It's a bit of an assumption, or myth, that the USA was/is such a big deal for BMW, I mean, as a single country it is a big market, but I don't think it has ever accounted for much more than 20% of sales, at its peak. |
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05-13-2016, 04:52 PM | #17 | |
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Mercedes sold 49,736 E class in 2015, down from 66,403 in 2014. These are just USA figures, I don't have global figures, but I don't believe the 5 series will close the gap with Mercedes, and that was primarily my point |
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05-13-2016, 05:09 PM | #18 | |
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05-13-2016, 05:27 PM | #19 | |
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Projection wise we are expecting big things from the new sedan as we have already started our step by step marketing plan by gaining demographic interest in this entirely new concept from a premium manufacturer. Its a youthful car aimed at customers of the C-segment who would like a BMW but cannot reach financially? Or are limited to pre-owned. Given BMWs reputation as a youthful brand in China and across Asia in General it is no surprise the amount of "Fake BMW" in other words domestics with BMW badges or kidney grilles that can be found amongst the populations youth. The car is being tested across special clinics and it is strategic to have all options available to customers within a window from standard launch and that includes M Performance plus accessories and iPerformance PHEV. Its acceptance in China is key for introduction to other global markets. But given what we have seen so far projections for the new car are considerable as the C-segment in China is still growing when luxury sales are declining. Potentially we are looking at at least 100,000 units by at least eighteen months(projected).
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05-14-2016, 12:15 PM | #21 | ||
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From a business standpoint, the fact that numbers are still growing YoY I'm most months is pretty amazing considering the slight economic lull the US is in as well as being middle/end of life cycle with key models
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05-14-2016, 01:04 PM | #22 | |||
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The new 7 series is supposed to give G platform preview of what will come. Unless BMW fix it quick, it's going to be hell for the rest of the new generation (3,4,5,X). |
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