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Reviews BMW share falls back to the close: BMW sells more cars at the beginning of the year and recorded sales record

19:30  08 april  2021
19:30  08 april  2021 Source:   finanzen.net

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The BMW Group has retracted a new sales record in the opening quarter of this year.

KAZUHIRO NOGI/AFP/GettyImages © Provided by finanzen.net Kazuhiro Nogi / AFP / GettyImages

The carmaker XXX has started at the beginning of the year faster ride than the competitor Daimler .

Sales of the Munich, compared to the previous year, increased by around a third. A total of 636,606 vehicles of the BMW and Mini brands were handed over to their new owners, as the company announced on Thursday. These are as many as never before in a first quarter. The plus is greater than at the Stuttgart Rivals, who had sold a fifth of more cars in the first three months.

stronger asked cars with electric motor: Here, the BMW sales doubled to a good 70,000 cars. These include pure electric models as well as plug-in hybrids that drive battery electrical on short distances before turning on an internal combustion engine. Sales board Pieter Nota said so BMW is on course to deliver more than 100,000 fully electric vehicles by the end of the year and at least one million electrified cars on the road.

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as well as Daimler, BMW, especially benefited from the good shops in Asia. In particular, in China, the car market has won strong momentum. The People's Republic was the first country worldwide in January 2020 under the Corona pandemic and reacted with a weeklong hard lockdown. But now the pathogen is there under control and the restrictions are largely canceled. BMW sold just twice as many in China with almost 230,000 cars as in the Lockdown-embossed last year, at Daimler, the increase was at least two-thirds to 222,000 vehicles. BMW Financial Chef Nicolas Peter sees the company not least thanks to the grunting Asia business on a growth course. The Munich expects a sales plus of five to ten percent and an operative return of six to eight percent for the full year and an operational

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return.

also in the other important regions it went up for BMW. Thus, sales in the US rose a good one-fifth to nearly 78,000 cars, in Europe at almost 239,000 vehicles were sold at least 8.3 percent more than before the year. For Germany, however, the Munich announced a slight decline in sales by 0.3 percent to nearly 68,000 brands of BMW and Mini cars. The industry suffers from the Corona restrictions in this country, which, according to the Industry Association VDA, burden the shops in car dealerships. In addition, the expiration of VAT reduction in December, which has moved many car customers to prefer their new car purchases. The industry expects revival only in the second half of the year when the pandemic is also under control with more vaccinations.

In early Xetra trade, the BMW share was 1.04 percent to 90.00 Euro upwards, but in the course, the profits crumbled: Lastly, the paper dismissed a minus from 1.01 percent to 88.17 euros . (Reuters / Dow Jones) X1

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