BMW sales fall 8.4% in 2020 as coronavirus takes toll

In total, BMW sold 2,324,809 vehicles last year. In Europe, 2020 sales were down 15.7% and in the United States 18%.Customer demand picked up in the f
...
File image: BMW Logo as seen on its steering wheel (REUTERS)
File image: BMW Logo as seen on its steering wheel

BMW said it saw a 8.4% drop in vehicles sales in 2020 as the outbreak of coronavirus took its toll and many retail outlets around the world were closed for months.

However, customer demand picked up in the fourth quarter, rising 3.2% year-on-year, BMW said on Tuesday.

"We succeeded in concluding the year with a strong fourth quarter and once again we lead the premium segment worldwide," BMW board member Pieter Nota said in a statement.

Also check these Vehicles

Find more Cars
Bmw X4 (HT Auto photo)
Engine Icon2998 cc FuelType IconPetrol
₹ 96.20 Lakhs
Compare
Bmw M3 (HT Auto photo)
UPCOMING
Engine Icon2998 cc FuelType IconPetrol
₹ 65 Lakhs
Alert Me When Launched
Bmw I7 (HT Auto photo)
BatteryCapacity Icon101.7kWh Range Icon625 km
₹ 1.95 - 2.50 Cr
Compare
View Offers
Bmw Xm (HT Auto photo)
Engine Icon4395.0 cc FuelType IconMultiple
₹ 2.60 Cr
Compare
View Offers
Bmw X5 (HT Auto photo)
Engine Icon2998 cc FuelType IconMultiple
₹93.90 Lakhs - 1.07 Cr
Compare
View Offers
Bmw Ix (HT Auto photo)
BatteryCapacity Icon76.6 kWh Range Icon425 km
₹ 1.16 Cr
Compare
View Offers

Also Read : BMW 220i M Sport launched in India at an introductory price of 41 lakh

In total, the Munich-headquartered company sold 2,324,809 vehicles last year. In Europe, 2020 sales were down 15.7% and in the United States 18%.

In China, where the pandemic started and where it was brought under control faster than elsewhere, 2020 sales bucked the trend and increased 7.4%.

Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.

First Published Date: 12 Jan 2021, 14:57 PM IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city
Select a dealer

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.