BMWYY

Bayerische Motoren Werke AG

29.67
USD
1.44%
29.67
USD
1.44%
22.27 38.09
52 weeks
52 weeks

Mkt Cap 52.83B

Shares Out 1.81B

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BMW reports Q3 BMW brand deliveries up 3.2% y/y

BMW (OTCPK:BMWYY) brand unit sales rose 3.2% Y/Y to 78,031 units in Q3 compared to the 75,619 vehicles sold in Q3 2021 amid increased availability of Battery Electric Vehicles and strength of sports activity vehicle lineup. BMW sets new quarterly benchmarks for sales of both battery electric (4,337) and plug-in hybrid electric deliveries (10,858 BEV & PHEV combined). BMW passenger car sales dropped 28.3% to 25,502 units for the quarter. BMW light truck sales rose 31.2% to 52,529 units for the quarter. MINI brand sales in the US totaled 7,178 vehicles in the Q3 of 2022, an increase of 11.4% vs the 6,445 vehicles sold in the third quarter of 2021. The company’s lineup of Sports Activity Vehicles accounted for 62% of sales year-to-date. In total, sales of Sports Activity Vehicles are up 16.6% through the first three quarters of the year. An all-new addition to the line-up, the hybrid-electric BMW XM, was unveiled at the end of September and will begin arriving in showrooms early next year.

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