Stock Market News
BMW sales fall slightly in Q1
2023.04.11 03:35
© Reuters. FILE PHOTO: The logo of German automaker BMW is seen in Brussels, Belgium February 28, 2023. REUTERS/Yves Herman
(Reuters) – BMW delivered 588,138 vehicles in the first quarter of this year, down 1.5% on the previous year, the German carmaker said on Tuesday.
Electric vehicle sales rose 83.2% year-on-year to 64,647, it added.
“The BMW Group is on track for slight sales growth in the full year 2023,” said Pieter Nota, management board member for customer, brands and sales. “The main growth drivers in 2023 will be fully-electric vehicles and models from the high-end premium segment,” he added.