BMW sells 13% fewer cars in H1 2022

Fri Jul 08 2022
Austin Collins (572 articles)
BMW sells 13% fewer cars in H1 2022

Munich-based carmaker BMW  sold nearly a seventh fewer vehicles in the first half of 2022 compared with the same period in 2021 amid chip shortages and intermittent lockdowns in China.

From January to June, 1.16 million BMWs, Mini and Rolls-Royces were delivered, the group said on Friday. That was 13.3% fewer than in the first half of 2021, the strongest sales period in the company’s history, according to the German carmaker.

Sales fell by nearly 20% in the second quarter, it said.

Sales of electric cars rose 110% in the first half of the year to nearly 76,000 BMWs and Mini cars, the company said.

BMW is thus on track to more than double sales of fully electric vehicles by the end of the year as planned.

Austin Collins

Austin Collins

Austin Collins is our Europe, Asia, & Middle East Correspondent. He covers news related to Stock Market. In past he has worked for many prestigious news & media organizations. He is based in Dubai