BMW Says Its Combustion Engine Car Sales Have Peaked
BMW mentions current sales plateau for combustion cars will continue before starting to fall, while demand for electric vehicles will rise.
BMW mentions current sales plateau for combustion cars will continue before starting to fall, while demand for electric vehicles will rise.
BMW had a record-breaking 2023 but Tesla's meteoric rise in sales has brought it closer than ever to the Bavarian marque.
BMW sold 13,303 cars in India in 2023, an all-time high. Deliveries grew by 18%. MINI shipped 869 vehicles, or 22% more than the year before.
Mercedes-Benz Cars delivered 2,043,800 vehicles in 2023, more than Audi but less than BMW. Sales were virtually flat year over year.
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Audi sold approximately 1.9 million cars in 2023 when BMW shipped 2,253,835 vehicles to customers around the world.
Once again, the US was the largest single market for the BMW M division in 2023, followed by Germany and the United Kingdom.
BMW sold 7.3% more cars in 2023 than it did the year before, enough to set a new record and maintain its position as the global luxury leader.
With 26,184 cars delivered, BMW sold 1,869 more vehicles than Mercedes to take the luxury sales crown for the first time in 11 years.
With 23,883 new registrations, BMW outperformed Mercedes (19,946) and Audi (19,881), securing a substantial lead.
BMW USA has revealed full sales results for 2023 when deliveries of the X1 surged by 196.2% while those of the iX jumped by 205.4%.
BMW USA sold 1,883 Z4 roadsters last year, representing an increase of 20.2% compared to 2022. In 2024, the manual M40i could bolster demand.