Stock Market News

BMW Group sales drop slightly in Q3

2022.10.10 03:47

[ad_1]


© Reuters. FILE PHOTO: BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay

BERLIN (Reuters) -BMW sold nearly as many cars in the third quarter as it did in the same period a year before, after the war in Ukraine and supply shortages led to a drop in deliveries in the first half of 2022, said the German carmaker on Monday.

Group sales were down 0.9% compared with the same quarter of 2021, to 587,795 vehicles. That’s a smaller dip than seen in previous quarters, when lockdowns in China and the lack of chips had made things difficult for the Munich-based company.

Business in China was especially strong, up 5.7%, as well as in the United States, which saw an increase of 3.8%. Europe, on the other hand, saw an 11.1% decrease in the third quarter.

For the first nine months of 2022, the carmaker saw a year-on-year fall of 9.5% for Group sales to 1.75 million vehicles.

The carmaker confirmed its full-year forecast for 2022 of achieving sales levels slightly below the previous year.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 102,924.58 0.05%
ethereum
Ethereum (ETH) $ 2,337.82 7.05%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.35 2.37%
bnb
BNB (BNB) $ 643.33 3.07%
solana
Solana (SOL) $ 173.19 7.42%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.204799 5.74%
cardano
Cardano (ADA) $ 0.776795 2.58%
tron
TRON (TRX) $ 0.260574 1.46%
staked-ether
Lido Staked Ether (STETH) $ 2,334.84 7.19%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 102,877.56 0.07%
sui
Sui (SUI) $ 3.91 1.77%
chainlink
Chainlink (LINK) $ 15.98 1.43%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,808.40 7.03%
avalanche-2
Avalanche (AVAX) $ 23.09 5.73%
stellar
Stellar (XLM) $ 0.294766 2.31%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 6.60%
hedera-hashgraph
Hedera (HBAR) $ 0.202555 4.79%
hyperliquid
Hyperliquid (HYPE) $ 24.80 7.83%
the-open-network
Toncoin (TON) $ 3.27 2.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 409.26 3.04%
leo-token
LEO Token (LEO) $ 8.75 1.09%
usds
USDS (USDS) $ 1.00 0.00%
litecoin
Litecoin (LTC) $ 100.08 6.80%
polkadot
Polkadot (DOT) $ 4.80 8.44%
weth
WETH (WETH) $ 2,337.13 7.16%
monero
Monero (XMR) $ 308.37 3.25%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,493.37 6.93%
bitget-token
Bitget Token (BGB) $ 4.48 0.11%
pi-network
Pi Network (PI) $ 0.736662 15.26%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
pepe
Pepe (PEPE) $ 0.000012 11.93%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 102,953.58 0.04%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
whitebit
WhiteBIT Coin (WBT) $ 30.28 0.30%
uniswap
Uniswap (UNI) $ 6.30 7.48%
bittensor
Bittensor (TAO) $ 428.58 2.67%
near
NEAR Protocol (NEAR) $ 2.89 7.97%
dai
Dai (DAI) $ 1.00 0.02%
aptos
Aptos (APT) $ 5.52 1.63%
okb
OKB (OKB) $ 54.16 2.81%
ondo-finance
Ondo (ONDO) $ 1.01 4.81%
aave
Aave (AAVE) $ 210.22 3.32%
susds
sUSDS (SUSDS) $ 1.05 0.01%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
ethereum-classic
Ethereum Classic (ETC) $ 19.14 3.59%
crypto-com-chain
Cronos (CRO) $ 0.101444 3.61%
internet-computer
Internet Computer (ICP) $ 5.42 4.90%
official-trump
Official Trump (TRUMP) $ 14.09 14.04%