logo
Plus   Neg
Share
Email

BMW Vehicle Sales Up In June, H1 Eith Strong Growth In Electric Vehicles

German luxury carmaker BMW AG(BMW.L,BAMXF.PK,BAMXY.PK) reported Thursday that BMW group automotive sales grew 2.7 percent from last year to 238,920 vehicles.

June deliveries of BMW Group electrified vehicles, comprising BMW i, BMW iPerformance and MINI Electric vehicles, totaled 13,806 vehicles worldwide, an increase of 47.6%.

The BMW brand sold 200,610 vehicles in June, up 4%. All major sales regions contributed to this growth. MINI deliveries in June were down 3.8% to 37,955 vehicles.

For the first half, the company sold a total of 1.243 million BMW, MINI and Rolls-Royce vehicles, up 1.8%. BMW brand sales are up 2% with 1,059,296 vehicles delivered. MINI sales edged up 0.1 percent to 181,430 units. Sales of Rolls-Royce motor cars in the first half of 2018 were up 13.1%.

Year-to-date sales of electrified BMW and MINI vehicles totaled 60,660, up 42.5%.

Pieter Nota, Member of the Board of Management of BMW AG responsible for Sales and Brand BMW, said, "Our strong sales performance in June means we've now achieved 35 consecutive quarters of growth and are confident this trend will continue. ….I'm also delighted with the ongoing popularity of our electrified vehicles, which achieved their best-ever month in June, keeping us well on track to achieve over 140,000 electrified sales by the end of the year."

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A former Southwest Airlines employee has filed a racial discrimination lawsuit against the airline, alleging that the carrier allowed its employees to create a "whites-only" breakroom. The lawsuit was filed in the United States District Court in Houston earlier this week by Jamel Parker, a former employee of Southwest Airlines. American Airlines Inc. has joined its major rivals in raising baggage fees as the airline industry grapples with higher fuel costs and rising operating expenses. The largest U.S. airline said Thursday it is raising the price of a first and second checked bag by $5 each. The price of a first checked bag is now $30, while it is $40 for a second checked bag. The takeover battle by Comcast Corp. nd Rupert Murdoch's 21st Century Fox Inc. for British broadcaster Sky plc will be settled through an auction. The UK Takeover Panel said Thursday that an auction procedure is expected to commence on the evening of Friday, September 21, 2018 and end on the evening of September 22, 2018. The winner of the auction will be announced on Saturday.
Follow RTT