BMW North America Reports Q3 2022 U.S. Sales Results

[Jason]

BIMMERPOST NEWS

BMW of North America Reports Q3 2022 U.S. Sales Results.

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• BMW Brand Sales Rise 3.2% vs Q3 2021 on the Increased Availability of Battery Electric Vehicles and Strength of Sports Activity Vehicle Lineup.
• BMW Sets New Quarterly Benchmarks for Sales of Battery Electric and Plug-in Hybrid Electric Vehicles.
• MINI Brand Sales Increase 11.4% vs Q3 2021.

Woodcliff Lake, NJ – October 3, 2022… BMW of North America today reported Q3 2022 sales results for the BMW and MINI brands in the U.S.

BMW Brand
In the third quarter of 2022, BMW brand sales in the U.S. totaled 78,031 vehicles, a 3.2% increase from the 75,619 vehicles sold in the third quarter of 2021.

Increased availability of the battery electric BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe fueled sales growth in all three months of the third quarter. As a result, the company also set new quarterly benchmarks for both battery electric (4,337) and plug-in hybrid electric deliveries (10,858 BEV & PHEV combined). BMW’s battery electric lineup will expand in the fourth quarter as the first-ever fully electric BMW i7 Sedan begins arriving at U.S. dealerships.

“The customer demand and enthusiasm for BMW’s electric vehicles has been there from the start,” said Sebastian Mackensen, President and CEO, BMW of North America. “With the support of our dealer partners, we expect this momentum to accelerate through the fourth quarter, resulting in a strong finish to the year.”

BMW Sports Activity Vehicles continue to be an important part of the company’s sales success in the U.S., accounting for over 62% of sales year-to-date. In total, sales of Sports Activity Vehicles are up 16.6% through the first three quarters of the year. An all-new addition to the line-up, the hybrid-electric BMW XM, was unveiled at the end of September and will begin arriving in showrooms early next year.

MINI Brand
MINI brand sales in the U.S. totaled 7,178 vehicles in the third quarter of 2022, an increase of 11.4% vs the 6,445 vehicles sold in the third quarter of 2021.

[chassis]

Well done BMW for Q3 result vs last year.

What’s up with 3er and X5 for Q3 2022 vs 2021? X5 comes from Spartanburg, right? Why the much larger jump for X5 vs X3?

[Sedan_Clan]

Love seeing the company succeed.

[techwhiz1]

Looking at the numbers I see spin.
Sedans are down significantly with the exception of the 5 series.

As a person waiting for an i4 M50, I don't believe for a second that iX and I4 we're models that fueled growth.

[Danman5666]

SUVs are here to stay. Decent numbers too.

[bandwagn]

Originally Posted by chassis

What's up with 3er

For the 3er, it's likely the transition to LCI and that everything is a 4er now (coupe, gran coupe, i4, etc…)

[cfm56d7b]

The bright stars in the BMW sales report are X5 and X7 sales, a testament to how well these vehicles have been positioned for their customer segments.

[Teutonic]

X1 went in the ditch…

Wonder why the X4 got down. I think that is a very nice car.

[Cortexiphan]

Interesting to see 8 series is selling more than 2 series.
Yet there won't be a new iteration...

[IDKBRO]

Is there a way to see how many M3/M4's were sold out of those YTD numbers ?

[M3WC]

Originally Posted by IDKBRO

Is there a way to see how many M3/M4's were sold out of those YTD numbers ?

They stopped providing those numbers years ago. Now we get overall M numbers, which include M-lite models.

[ASAP]

I think the most noteworthy comments from me here would be that BMW is kaput without the SUVs... the 3 and 5 are fractions of the SUV sales... now for the 7 and 2 that makes sense as new ones just came out and people waited.

It's apparent that in the USA... almost no one wants a 3 or 5 series when they can buy an X3 or X5...

[M3WC]

Originally Posted by cfm56d7b

The bright stars in the BMW sales report are X5 and X7 sales, a testament to how well these vehicles have been positioned for their customer segments.

X5 saved their bacon from going negative this quarter.

They must have the spartanburg plant running full steam overtime.

[dmboone25]

9 i3 sales????

9 ?!?!??!

[RigaTony1982]

Originally Posted by Teutonic

X1 went in the ditch…

Wonder why the X4 got down. I think that is a very nice car.

I'm assuming the X1 drop is due to the redesign that just came out. I've yet to see one in person, so I'm not sure it's even on dealer lots yet.

[takrdown]

No i4 sales…..meanwhile the waiting list is typically 10 deep at most dealerships.

[crypto]

Originally Posted by dmboone25

9 i3 sales????

9 ?!?!??!

They stopped making so prob just the handful of MY21s still on lots. Or whatever maybe MY22 but just leftovers I assume.

[MilehighM3]

Originally Posted by takrdown

No i4 sales…..meanwhile the waiting list is typically 10 deep at most dealerships.

That's part of the 4 series data. Remember the i4 is a G26 platform so it's the same chassis as it's ICE equipped counterpart.

[Sedan_Clan]

Originally Posted by crypto

They stopped making so prob just the handful of MY21s still on lots. Or whatever maybe MY22 but just leftovers I assume.

You would have thought that was obvious, but apparently not.

[BRAKE!]

Good on BMW for making the most with what they’ve got. However, YTD loss of 6% reflects the overall current market conditions of less sales due to supply chain issues. I am not in the market for SUVs, and so I can only hope other segments can recover at some point soon.

[takrdown]

Originally Posted by MilehighM3

That's part of the 4 series data. Remember the i4 is a G26 platform so it's the same chassis as it's ICE equipped counterpart.

I get that's the reason, but it seems disingenuous to do that. They should split out the M cars as well.

[MilehighM3]

Originally Posted by takrdown

I get that's the reason, but it seems disingenuous to do that. They should split out the M cars as well.

I don't see it that way. They don't separate 2 door, 4 door, convertible etc. it's inclusive of all models in that chassis group. It makes the data much easier to view.