MUNICH (dpa-AFX) - German carmaker BMW on Wednesday posted lacklustre
results for the first half of 2024, with total sales of 1.2 million
vehicles across all regions.

Overall, the sales volume was 0.1 percentage points less than a year
ago.

The BMW core brand performed slightly better with 1.1 million cars
sold and growth of 2.3%. Subsidiaries Mini and Rolls-Royce weakened
with declines of 18.7% to 114,000 cars and 11.4% to 2,819. 

The results were slightly better for purely electric cars. Sales
across the group increased by almost a quarter to more than 190,000
units, and more than a third at the core BMW brand.

However, the results were significantly weaker than in the previous
full year. In 2023, BMW reported growth of almost three quarters for
purely electric vehicles.

Looking at the different regions of the world, the latest figures
didn't produce any major anomalies. Sales fell slightly in Germany
and Asia, including China, while showing a small increase in Europe
and the US. 

The group's business can still be assessed as positive 'in a
challenging market environment,' according to Chief Sales Officer
Jochen Goller.

'In the first six months of the year, we succeeded in achieving
double-digit growth with fully electric vehicles and models from the
upper premium segment,' Goller said.


Copyright dpa