BMW Group increased sales in July and the first seven months of the year, according to a report published Tuesday on the car manufacturer’s website.
In July, 183,000 vehicles were sold worldwide from all BMW Group brands, BMW, MINI and Rolls-Royce, up 1.3 percent from a year earlier. July of this year was the highest sales figure for the month in automotive history. Since the beginning of July, the group has sold 1,436 million cars, up 0.9 percent from last year.
Global sales growth was primarily driven by sales in Germany and China. In Germany, the group increased its sales by 26.5 percent to 28 thousand in July and 7.0 percent to 192 thousand in January-July. In China, the group sold 53.9 thousand cars in July, up 15.6 percent, and 16.6 percent since the start of the year, 404 thousand.
In Europe, the Group sold 75.5 thousand cars in July, down 1.9 percent from a year earlier and down 2.1 percent from the beginning of the year at 625 thousand.
The group sold 157,000 BMWs in July, up 1.6 percent from a year earlier, and 1,233 million in January-July, up 1.6 percent. For the BMW brand, July and the first seven months of sales are also a record.
MINI sales fell 0.8 percent to 26,000 in July and 2.3 percent to 200,000 from the beginning of the year.
The BMW Group sold 10,000 electric cars in July, down 5.4 percent, and since the start of the year, 69.6 thousand, down 2.3 percent.
The BMW i3, launched six years ago, sold 2,691 models worldwide in July, up 12.6 percent from a year earlier. Waiting for the BMW 330e plug-in hybrid to be unveiled in July reduced overall sales of electric cars. Sales of BMW and MINI plug-in hybrid models fell 5.4 percent in July.
Last year, the BMW Group sold 2.490 million cars, generated revenue of EUR 97.480 billion and a pre-tax profit of EUR 9.815 billion. The BMW Group expects slight sales growth this year.