The BMW Group posts 8.6% sales growth in the third quarter of 2020

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In the third quarter, 9.8 percent more BMW vehicles (585,336 units) were sold compared to the same period last year.



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The company has generated significant product momentum with new models like the BMW 2 Series Gran Coup

The BMW Group recorded solid year-over-year sales growth of 8.6% in the third quarter, with a total of 675,680 vehicles delivered to customers. The sales performance from January to September reflects the overall impact of the Corona pandemic. During this period, the company sold 1,638,316 BMW, MINI and Rolls-Royce vehicles worldwide, down 12.5% ​​from a year ago.

Also read: BMW 2 Series Gran Coupé review

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Due to the effects of the coronavirus, 11.3% fewer BMW vehicles were delivered to customers in the first nine months of the year.

In the third quarter, 9.8 percent more BMW vehicles (585,336 units) were sold compared to the same period last year. The company has generated significant product momentum with new models such as the BMW 2 Series Gran Coupé, updated BMW 5 Series models and the BMW X3, which is now available with four transmission variants. Due to the effects of the coronavirus, 11.3% fewer BMW vehicles were delivered to customers in the first nine months of the year.

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The MINI brand delivered a total of 208,144 vehicles (-20.0%) to customers during the year through the end of September. In the third quarter, MINI recorded encouraging sales growth of 1.9%.

Rolls-Royce Motor Cars has reported sales of 2,651 (-28.5%) automobiles to date. Global demand remains strong across all models, with third quarter sales up + 54% compared to the previous quarter (Q2 2020). The increase in order intake indicates a strong fourth quarter and a good end to the year. New Ghost launched in September with the first customer deliveries at the end of the fourth quarter.

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A total of 129,599 motorcycles were also sold between January and September (-5.4%); 52,892 of them were in the third quarter – a 20.9% year-over-year increase.

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A total of 129,599 motorcycles were also sold between January and September

Pieter Nota, Member of the Board of Directors of BMW AG, responsible for customers, brands and sales, said: “We are particularly pleased with the sales growth of almost 50% in electrified vehicles. This makes electromobility a substantial growth engine. We have already delivered around 10,000 fully electric MINIs since the start of the year. It shows how much our customers appreciate this car. “

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The BMW Group delivered a total of 116,381 (+ 20.0%) electrified BMW and MINI vehicles to its customers in the first nine months of the year. With 54,719 units delivered in the third quarter, the company sold 46.6% more electrified vehicles than in the same period of the previous year.

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Next year, the BMW Group will continue the systematic electrification of its model range, with the fully electric BMW i4 and the BMW iNEXT. The company plans to have more than seven million electrified vehicles on the roads by 2030; two thirds of them are fully electric. By 2023, the BMW Group will offer its customers no less than 25 electrified models, including a fully electric variant of the next generation of the BMW 7 Series, the BMW X1 and the BMW 5 Series.

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