BMW Brand Sales Rise 3.2% vs Q3 2021 on the Increased Availability of Battery Electric Vehicles and Strength of Sports Activity Vehicle Lineup.
BMW Sets New Quarterly Benchmarks for Sales of Battery Electric and Plug-in Hybrid Electric Vehicles.
MINI Brand Sales Increase 11.4% vs Q3 2021.
Woodcliff Lake, NJ October 3, 2022 BMW of North America today reported Q3 2022 sales results for the BMW and MINI brands in the U.S.
In the third quarter of 2022, BMW brand sales in the U.S. totaled 78,031 vehicles, a 3.2% increase from the 75,619 vehicles sold in the third quarter of 2021.
Increased availability of the battery electric BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe fueled sales growth in all three months of the third quarter. As a result, the company also set new quarterly benchmarks for both battery electric (4,337) and plug-in hybrid electric deliveries (10,858 BEV & PHEV combined). BMWs battery electric lineup will expand in the fourth quarter as the first-ever fully electric BMW i7 Sedan begins arriving at U.S. dealerships.
The customer demand and enthusiasm for BMWs electric vehicles has been there from the start, said Sebastian Mackensen, President and CEO, BMW of North America. With the support of our dealer partners, we expect this momentum to accelerate through the fourth quarter, resulting in a strong finish to the year.
BMW Sports Activity Vehicles continue to be an important part of the companys sales success in the U.S., accounting for over 62% of sales year-to-date. In total, sales of Sports Activity Vehicles are up 16.6% through the first three quarters of the year. An all-new addition to the line-up, the hybrid-electric BMW XM, was unveiled at the end of September and will begin arriving in showrooms early next year.
MINI brand sales in the U.S. totaled 7,178 vehicles in the third quarter of 2022, an increase of 11.4% vs the 6,445 vehicles sold in the third quarter of 2021.