🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

BMW reports lower sales in Q2

Published 07/10/2024, 03:12 AM
Updated 07/10/2024, 03:15 AM
© Reuters. A BMW Vision Neue Klasse is displayed next to the company's logo during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika Warmuth/File Photo
BMWG
-

BERLIN (Reuters) - German premium carmaker BMW (ETR:BMWG) on Wednesday said its second-quarter sales fell by 1.3% year-on-year to 618,826 vehicles.

In its key market China, sales were 4.7% lower at 188,495 vehicles.

© Reuters. A BMW Vision Neue Klasse is displayed next to the company's logo during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika Warmuth/File Photo

In BMW's home market Germany, sales dropped by 11.5% to 68,351 cars, while in the United States, they were up 1.7%, rising to 97,135 vehicles.

Sales of battery-electric vehicles (BEV) jumped by 22.2% to 107,933 autos in the April-June period.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.