The BMW Group studies 621,699 international automobile gross sales in the course of the third quarter of 2023, which is sort of six p.c greater than a yr in the past. Additionally, the year-to-date outcomes are a number of p.c higher than a yr in the past.
Outcomes final quarter and year-to-date:
BMW gross sales: 549,941 (up 6%) and 1,621,267 (up 6%) Mini gross sales: 70,384 (up 3%) and 210,741 (up 1%) BMW Group Automotive gross sales: 621,699 (up 6%) and 1,836,563 (up 5%)
In the meantime, BMW Group battery electrical automobile (BEV) gross sales in Q3 elevated by almost 80 p.c year-over-year to a brand new file of 93,931. This accounted for 15.1 p.c of the entire quantity (in comparison with 8.9 p.c a yr in the past).
It is price noting that plug-in hybrids stay on a downward development, though in Q3, the speed of year-over-year decline slowed all the way down to about one p.c (46,012).
Total, the BMW Group bought nearly 140,000 rechargeable vehicles final quarter (up 42 p.c year-over-year), which is 22.5 p.c of the entire quantity.
Pieter Nota, a member of the Board of Administration of BMW AG chargeable for Buyer, Manufacturers, And Gross sales mentioned: “The gross sales success of the third quarter reveals that our prospects admire our big selection of enticing merchandise throughout all drive applied sciences. Our fully-electric merchandise, specifically, are benefiting from excessive demand worldwide – as seen in our BEV gross sales, which considerably outperformed the entire BEV market within the first 9 months. Total, we’re on observe to satisfy our progress targets for 2023,”
BMW Group international plug-in automotive gross sales in Q3’2023:
BEVs: 93,931 (up 80%) and 15.1% market share PHEVs: 46,012 (down 1%) and seven.4% market share Whole: 139,943 (up 42%) and 22.5% market share
![external_image](https://cdn.motor1.com/images/custom/thumbnail/bmw-and-mini-global-plug-in-car-sales-q3-2023.png)
BEV gross sales proceed to broaden at a fairly wholesome price:
![external_image](https://cdn.motor1.com/images/custom/thumbnail/bmw-and-mini-global-plug-in-car-sales-q3-2023-b.png)
PHEV gross sales are in stagnation at greatest and present indicators of fading:
![external_image](https://cdn.motor1.com/images/custom/thumbnail/bmw-and-mini-global-plug-in-car-sales-q3-2023-c.png)
Up to now this yr, the BMW Group bought over 385,000 plug-in vehicles, together with near 250,000 all-electric vehicles.
BMW Group international plug-in automotive gross sales in Q1-Q3’2023:
BEVs: 246,867 (up 93%) and 13.4% market share PHEVs: 138,544 (down 11%) and seven.5% market share Whole: 385,411 (up 36%) and 21% market share
For reference, in 2022, the BMW Group bought 433,795 plug-in electrical vehicles (18 p.c of the entire quantity), together with 215,755 BEVs (9 p.c share).
The goal for this yr is 15 p.c BEVs and we’ll most likely see the primary quarter with six-digit BEV gross sales in This fall.
![external_image](https://cdn.motor1.com/images/custom/thumbnail/bmw-and-mini-global-plug-in-car-sales-q3-2023-d.png)
Plug-in automotive gross sales by model
The BMW model doubled its all-electric automotive gross sales in Q3, to 83,211 items, which leaves 10,720 BEVs for the Mini model.
BEV/PHEV gross sales in Q3 2023:
BMW: BEVs: 83,211 (up 100.3% year-over-year) and 217,138 YTDPHEVs: N/A Mini: BEVs (fully-electric Cooper SE): 10,720 and 29,729 YTDPHEVs: N/A
A number of new fashions are getting into the market in late 2023, which ought to additional enhance BMW and Mini all-electric automotive gross sales (there may be not a lot effort on the plug-in hybrid aspect).
In This fall, the Rolls-Royce Spectre will enter the market (clearly in low quantity), which signifies that Rolls-Royce will change into the third model within the group to promote all-electric vehicles. Order books for the Spectre are already full till 2025, the corporate says.
The BMW Group intends to extend all-electric automotive share to twenty p.c subsequent yr and add a number of p.c extra within the following years:
2024: BEVs share – a minimum of one in 5 (20%) 2025: BEVs share – a minimum of one in 4 (25%) 2026: BEVs share – a minimum of one in three (33%)