Good news for BMW: The Munich-based automaker was able to sell more cars again in the third quarter. Sales increased particularly in China. But looking at the year, the numbers remain bleak.
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Strong sales figures in China and Europe brought BMW sales growth in the third quarter. After the Munich-based company had sold a quarter fewer cars in the second quarter due to the corona, sales of 675,680 BMW and Mini cars were now 8.6 percent above the same period of the previous year. In the current year, however, BMW is still 12.5 percent behind compared to the first nine months of 2019.
The main driver of the growth was strong business in China, which increased by 31.1 percent to 230,612 cars. But BMW was also able to sell well in Europe with an increase of 7.1 percent to 275,618 cars. In the USA, however, things are going badly: 78,634 cars mean a decrease of 15.7 percent.
Competitor Daimler also left the corona hole behind in the third quarter thanks to strong business in China and exceeded the sales figures for the same period of the previous year according to Tuesday’s figures. The core brand Mercedes-Benz increased its private customer business by 3.9 percent to 613,770 cars.