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10/7/2021, 9:38 AM (Source: TeleTrader)
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BMW St.-1.87%

92.24
Chart for: BAY.MOTOREN WERKE AG ST

BMW sales grow 18% YoY

Bayerische Motoren Werke AG announced on Thursday that it sold 1,932,236 vehicles from the beginning of 2021 until the end of September, translating to a 17.9% jump compared to the same period in 2020.

Global sales of electrified vehicles stood at 231,576 in the first nine months of 2021, surging 98.9% from the corresponding timeframe in the prior year. Sales of pure electric vehicles soared 121.4% to reach 59,688 units in the period spanning from January until September 2021.

"The company expects the supply situation for semiconductor components to remain difficult. Although the BMW Group has so far been able to absorb the impact of these bottlenecks, the possibility of sales being affected in the coming months cannot be ruled out," the carmaker said in the report.

Baha Breaking the News (BBN) / MS