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BMW Bayerische Motoren Werke AG

101.00
-3.70 (-3.53%)
08 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayerische Motoren Werke AG TG:BMW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.70 -3.53% 101.00 100.90 101.15 104.40 98.52 104.40 217,103 20:58:18

BMW Sold More Cars Than Ever in 2023

09/01/2024 9:02am

Dow Jones News


Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart


From Nov 2023 to May 2024

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By David Sachs

 

BMW Group sold more cars in 2023 than it ever has over a one-year period, crediting close cooperation with retailers and strong performances by sales associates.

The German carmaker said Tuesday that group sales approached 2.6 million last year, a 6.5% increase over 2022, breaking its all-time record. Sales grew 10% in the fourth quarter to around 718,800, BMW said.

The company also hit its annual fully-electric vehicle sales target, with 15% of sales comprising battery-powered vehicles last year. Group-wide, EV sales reached almost 376,200 in 2023, a 74% hike from last year.

BMW confirmed its EV sales target of more than 500,000 in 2024 despite analysts expecting softer demand.

 

Write to David Sachs at david.sachs@wsj.com

 

(END) Dow Jones Newswires

January 09, 2024 03:47 ET (08:47 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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