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By Jordan Aquistapace –  April 03, 2024

BMW Hits The Gas On Growth, Electric Sales Shine In 2024

BMW kicks off 2024 with a sales bump and a bold electric leap. As the automotive industry rolls out of Q1 2024, many are reflecting on the successes and areas of improvement surrounding both ongoing vehicle manufacturers and future plans for enhancing mobility as a whole. With a strong position in the luxury car market, BMW of North America just reported promising Q1 2024 sales results for the U.S. The two main factors attributed to BMW's successful sales strategy are its four fully electric U.S. models and the overall increase in EV deliveries. BMW's first quarter in 2024 clocked in a solid 2.4% increase in U.S. sales with 84,475 vehicles driving off the lot, an uptick from last year's 82,466 units. Sebastian Mackensen, the top executive at BMW of North America, couldn't hide his enthusiasm, banking on the diversity and sheer quality of BMW's lineup to keep the brand ahead. Electric dreams are becoming a reality at BMW. The debut of the BMW i5 has electrified its lineup, joining forces with the i4, i7, and the iX to power a greener future. These electric marvels accounted for 12.7% of BMW's total sales in the U.S. during the first quarter. The plot thickens with BMW's plug-in hybrids with the BMW 550e on the horizon. View all BMWs for sale on duPont REGISTRY by clicking the link below. View All BMWs For Sale Source: BMW

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By Tyler Rampersaud –  March 14, 2024

BMW Group Celebrates Increased Global Deliveries In 2023

BMW Group celebrated global success this past financial year. Recently, BMW Group closed the chapter on its 2023 financial year, and looking back at its results, it's announced that there is lots to be proud of. Throughout the year, BMW Group managed to deliver 2,554,183 vehicles across the globe, a 6.4 percent increase over 2022, and 717,620 of those were delivered in the fourth quarter alone, an increase of over 10 percent compared to 2022’s number. This has translated to strong financial performance, as well, with EBT and EBIT increased over 2022’s number. Of the over 2.5 million vehicles BMW Group delivered over the past year, 375,716 of them were fully-electric, and 565,875 of them were electrified, marking an incredible 74.1 percent increase and 30.5 percent increase over 2022 respectively. The increase of deliveries for electric and electrified vehicles is one of the biggest highlights for BMW Group, which contributes towards its long-term goals of electrification, and as a result increasing environmental stability and reducing negative environmental impacts from its fleet. Throughout 2023, BMW Group decreased its European fleet’s CO2 emissions by 2.8 percent. At 102.1 grams per kilometer, it sits well below the European Union’s target figure of 128.5 grams per kilometer. With positive financial results, increased deliveries, and the dramatic increase of electric and electrified vehicles’ presence and contribution to the success within the BMW Group, as well as a significant stride made towards sustainability, the future is bright for the manufacturer. With a positive 2023 in the books, BMW looks forward to continuing on the same path this year. View All BMWs For Sale

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By Tyler Rampersaud –  January 11, 2024

BMW M Breaks Global Sales Record In 2023

When it comes to BMW, performance is more popular than ever. Recently, BMW’s performance-oriented M division celebrated its 50th anniversary, and throughout the celebration, new cars were introduced and BMW M previewed a bright future. That future is starting to come to fruition, with 2023 being a record sales year for BMW M, as over 200,000 BMW M vehicles were sold annually for the first time in its history. The total number is 202,530, and it includes new electric models, limited-production driver’s cars, and also an incredibly powerful record-breaking hybrid performance SUV. The past year has been incredibly successful, with models like the M variants of the i4, i5, and i7, the new M2, the M3 CS and M4 CSL, and the XM and XM Label adding fresh takes on M’s performance premise. However, there’s still more to come for 2024. BMW is set to reveal the new BMW M5, which will be available both as a sedan and as a Touring wagon body style. The i5 M60 xDrive Touring will also add an all-electric M wagon to the mix. Building off the success of the BMW M3 CS will the the introduction of the BMW M4 CS, as well. On the racing front, BMW seeks to bring the BMW M Hybrid V8 into the WEC in 2024, and what that means is that BMW has its sights set on taking it all at the 24 Hours of Le Mans. At Le Mans this year will also be the introduction of the 20th BMW Art Car, with one of the two BMW M Hybrid V8 race cars sporting a livery designed by Julie Mehretu inspired by the Art Car Collection. With a record-breaking 2023 in the books for BMW M, the goal is for 2024 to be even better. View All BMWs For Sale

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By Tyler Rampersaud –  January 04, 2024

BMW Breaks Annual US Sales Record In 2023

2023 saw success and evolution for BMW. 2023 is now behind us, and according to its sales results for the year in the US, BMW is looking back on it quite fondly. With a general increase in sales compared to the previous year, as well as the rapid expansion of its electrified efforts, 2023 marks the beginning of an exciting future for the iconic premium automotive manufacturer. Between its battery-electric vehicles and its electrified hybrids and plug-in hybrid models, BMW boasted a futuristic and successful, growing electrified lineup, with more to come in the future. In the US, BMW sold 362,244 cars, which is not only a 9 percent increase from 2022’s number of 332,388, but an all-time US sales record for BMW. In the fourth quarter of the year alone, the 107,881 vehicles sold represented a 6 percent increase compared to Q4 2022’s number of 101,738, as well. However, electrification stood out as a highlight when it comes to BMW’s success in 2023. Among BMW’s wide range of battery-electric vehicles: the i4, i5, i7, an iX, 14,374 BEVs were sold by BMW in the US in Q4 2023, a 65.4 percent increase compared to Q4 2022’s number of 8,689. Looking at the full-year perspective, and adding in hybrid and plug-in hybrid models, BMW sold a total of 70,735 electrified vehicles in 2023, which represented nearly 20 percent of its total-year sales. With innovation, performance, luxury, style, and electrification all mastered by BMW and its diverse lineup of models, 2023 was its greatest US sales year yet, and the future continues to look up. View All BMWs For Sale

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By Tyler Rampersaud –  October 17, 2023

BMW Teams Up with Tesla Supercharger Network For North Am...

In 2025, BMW Group EV drivers will be able to charge their cars on Tesla Superchargers. In a groundbreaking move that promises to reshape the electric vehicle (EV) charging landscape, BMW of North America has announced a partnership with Tesla to expand charging options for BMW, MINI, and Rolls-Royce electric vehicle drivers. Slated to go live in early 2025, this agreement will grant access to designated Tesla Supercharger stations in the United States and Canada. This strategic move comes as part of BMW’s ongoing commitment to provide convenient and efficient charging solutions for its burgeoning fleet of electric vehicles. Sebastian Mackensen, President & CEO of BMW of North America, emphasized the importance of this development, stating, “With six fully electric BMW, MINI and Rolls-Royce models now available in the U.S. market, and more to come, it is our top priority to ensure that our drivers have easy access to reliable, fast charging.” For consumers, this collaboration represents a major step forward in alleviating 'range anxiety,' a significant concern in the adoption of electric vehicles. Tesla's Supercharger network is renowned for its fast charging capabilities and extensive coverage, making it a choice partner for BMW in its electric venture. The joint effort extends beyond mere access to charging stations. Both companies will collaborate in the coming months to integrate software solutions that enable a seamless customer experience. BMW, MINI, and Rolls-Royce drivers will be able to locate and access available Superchargers directly through their vehicle’s display. Additionally, payments for charging services can be processed through the vehicle brand’s respective app, ensuring an integrated, hassle-free experience for users. In another forward-thinking move, BMW Group has also committed to adopting the North American Charging Standard (NACS) for its battery electric vehicles in the U.S. and Canada, also starting in 2025. This demonstrates BMW's intent to standardize its charging infrastructure, making it more accessible for all EV users. This move is strategic, as it complements the company's previous recent announcement to develop a new charging network in North America, in collaboration with six other manufacturers. The new joint venture aims to establish at least 30,000 new chargers in metropolitan areas and along major highways. Notably, these chargers will be compatible with all battery electric vehicles that use either the CCS or NACS charging standards. This initiative is separate but complementary to the Tesla Supercharger partnership and showcases BMW’s holistic approach to solving the EV charging conundrum. BMW's alliance with Tesla’s Supercharger network is not just a milestone for both companies but also a significant boost for the electric vehicle industry in North America. Through enhanced charging infrastructure and cross-brand compatibility, BMW is positioning itself as a formidable player in the fast-evolving electric vehicle landscape. View All BMWs For Sale

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By Jordan Aquistapace –  October 10, 2023

BMW Group's Electric Vehicles Sales Surge In Q3 With A 79...

Fully-electric BMW and MINI lead the surge, with BEVs poised to account for 15% of 2023 total sales. BMW Group is steering into a green future, evidenced by its recent spike in electric vehicle sales, registering a remarkable 79.6% surge in their fully-electric BMW and MINI vehicle sales in Q3 compared to last year. The manufacturer's strategic focus on EVs is evident as BMW doubled its fully-electric deliveries in Q3, showcasing a 100.3% growth year-on-year. This momentum extends to its portfolio, with a total of 621,699 vehicles, including BMW, MINI, and Rolls-Royce, reaching customers in the same quarter, marking a 5.8% year-on-year uptick. Between January and September, the growth of overall sales climbed to 5.1%, translating to 1,836,563 vehicles. Additionally, BMW Group projects BEVs to make up a substantial 15% of its 2023 total vehicle sales. The third quarter featured 549,941 global deliveries under the BMW name, marking a 6.2% increase from the previous year. Its electric BMW i4 and upcoming BMW i5 stand out, proving their worth in the competitive EV market. BMW's high-performance segment, BMW M, also registered a 13.2% sales boost in Q3, driven by new additions like the BMW XM and the fully-electric BMW i7 M70. On the luxury front, Rolls-Royce Motor Cars saw 1,374 vehicles off the dealership floors in Q3, a decrease attributed to discontinuations and gearing up for the highly-anticipated Rolls-Royce Spectre. This electric super coupé has generated immense buzz, with orders sold out until 2025. BMW Group's commitment to sustainability, efficiency, and strategic foresight has been the backbone of its success. With a foundation in electric mobility and a vision for a sustainable future, the brand remains focused on redefining luxury driving experiences. View all BMW models currently for sale on duPont REGISTRY by clicking the link below. View All BMW For Sale Source: BMW

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By Tyler Rampersaud –  October 04, 2023

BMW U.S. Sales Surge in Q3 2023 with EVs Making Waves

12% of the quarter's sales volume is accounted for by electric vehicles. BMW of North America reveals an impressive 7.6% growth in Q3 2023 U.S. sales compared to the same quarter last year. This upliftment signifies the premium automaker’s increased traction in one of the most competitive automobile markets. The figures look even more promising when seen year-to-date, with BMW boasting a commendable 10.3% increase. The bigger buzz is around the electric vehicles. While BMW is not new to the electric game, their strides in this quarter have been quite notable. Fully electric vehicles represented a significant 15.5% of total BMW brand sales for the third quarter. A total of 13,079 battery electric vehicles (BEVs) found new homes in Q3, marking a new record in quarterly BEV sales for the brand. When we pull back and assess the year-to-date scenario, the BMW Group's electric vehicles account for over 12% of their total sales volume. It's not just the numbers, but also the lineup. As the automobile industry is rapidly shifting gears towards more sustainable options, BMW is at the forefront of this transition. Fans and potential buyers have another reason to be excited as the first-ever BMW i5 is set to make its debut in U.S. showrooms in the forthcoming quarter, giving an electric version of its staple executive sedan to the 5 Series' passionate following. This launch is anticipated to further solidify BMW’s standing in the electric market, offering a fresh option to enthusiasts who are keen on embracing the future of mobility. Behind these remarkable numbers is a robust strategy and commitment from both the manufacturer and its dealers. The company prides itself on catering to a diverse customer base, and this is evident in their versatile product lineup. From luxurious sedans and SUVs to varied drivetrains including internal combustion and electric, BMW ensures it has something for everyone. Sebastian Mackensen, President and CEO, BMW of North America, voiced the company’s sentiments. Expressing satisfaction over the performance in the first three quarters, Mackensen emphasized the strength of their product lineup and its potential to close the year on a high. He remarked, “Together with our dealer partners, we are happy with the result achieved in the first three quarters, but more importantly, the strength of our product lineup positions us well for a strong finish to the year.” Reiterating the brand's commitment to meeting customer needs, he added, “We offer a variety of different vehicles to meet our customers’ needs… and we’re pleased to report that demand remains high.” For automotive aficionados and prospective buyers, BMW’s latest sales figures are more than just numbers. They represent the brand's commitment to innovation, adaptability, and understanding of the evolving market dynamics. As we inch towards the close of the year, it will be interesting to see how BMW further accelerates in the market, especially with its expanding electric portfolio. View All BMWs For Sale

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