01-05-2021, 04:22 PM | #1 |
Administrator
41313
Rep 21,248
Posts |
BMWNA Reports Q4 2020 and Full Year 2020 U.S. Sales Results
BIMMERPOST NEWS BMWNA Reports Q4 2020 and Full Year 2020 U.S. Sales Results Strong finish to Q4 2020 includes two months of record consumer deliveries.BMW Light Truck sales increase 9.6% in Q4 2020 vs Q4 2019; Full BMW X model line-up accounts for 60% of 2020 sales. Woodcliff Lake, NJ – January 5, 2021… BMW of North America reported today sales results for Q4 2020 and the full year 2020 for the BMW and MINI brands in the U.S.* BMW Brand In the fourth quarter of 2020, BMW brand sales totaled 98,750 vehicles, only a 2.0% decrease from the 100,797 vehicles sold in the fourth quarter of 2019.** For the full year 2020, BMW brand sales decreased 17.5% on total sales of 278,732 compared to the 338,003 vehicles sold in 2019. MINI Brand MINI brand sales totaled 8,549 vehicles in the fourth quarter of 2020, a decrease of 3.6% vs the 8,864 vehicles sold in the fourth quarter of 2019.** For the full year 2020, MINI brand sales decreased 22.4% on total sales of 28,138 compared to the 36,272 vehicles sold in 2019. Despite the challenges posed by the ongoing global pandemic, BMW brand sales in the U.S. improved significantly in the second half of the year – including several outstanding months -- as the sales network reopened, production restarted, and inventory levels improved. The last four months of the year were particularly strong, owing much to increased production at Plant Spartanburg, which helped meet customer demand for top selling models such as the BMW X3, X5 and X7 Sports Activity Vehicles. “There is no doubt that 2020 was a challenging year for automotive sales, but we have found that these challenges were due more to the circumstances, rather than consumer demand,” said Bernhard Kuhnt, president and CEO, BMW of North America. “We owe our dealers and regional teams a lot of credit for their flexibility and dedication while adapting to the situation. With their support we felt very confident throughout the second half of the year as consumer deliveries grew quickly -- even exceeding own expectations.”
__________________
Check on the Latest BMW News
Become a fan of Bimmerpost Facebook Follow us on Bimmerpost Twitter Subscribe to Bimmerpost Youtube Channel |
01-06-2021, 08:04 AM | #4 |
Ring Leader of G8X Haters
25175
Rep 8,769
Posts |
|
Appreciate
4
|
01-06-2021, 09:05 AM | #6 | |
Moderator
7525
Rep 19,368
Posts |
Unquestionably.
Quote:
The 4 Series will see a similar trend soon since the new 4GC launches mid year with sales starting to get traction by August/September. |
|
Appreciate
1
stein_325i25175.00 |
01-06-2021, 09:29 AM | #7 |
Colonel
1567
Rep 2,665
Posts |
Q4 sales 2020 to 2019-
Cars down 13.6% Light trucks up 9.6% 2019 - Cars were 52% of total sales 2020 - Cars were 47% of total sales
__________________
2006 Z4M Coupe - Stromung exhaust, ZHP knob, stubby antenna, clutch delay delete
|
01-06-2021, 10:57 AM | #8 |
Second Lieutenant
283
Rep 292
Posts |
what is interesting is the 5 series sales are pretty close to the 3 series sales in Q4.
|
Appreciate
2
David701567.00 Germanauto9747.50 |
01-06-2021, 11:07 AM | #9 |
tiamat
382
Rep 1,475
Posts |
The 3 series sales are down. That cant be good.
The new c clasa and audi A4 are not out yet. What will Happen then?!? |
Appreciate
2
440xiGCMSport2283.00 Swappy539.00 |
01-06-2021, 11:11 AM | #10 |
Major
770
Rep 1,269
Posts |
Wow interesting X5 sales greater than 3 series sales YTD
__________________
|
Appreciate
2
Germanauto9747.50 Swappy539.00 |
01-06-2021, 11:23 AM | #11 | |
Moderator
7525
Rep 19,368
Posts |
Quote:
The harsh reality is that no automaker needs seven or more non-SUV nameplates in 2020 and beyond. Sure, you can still manage to sell seven different sizes, but you are probably spending significantly more $$$ per share of the market than your competitor. Premium sedans will outlive non-premium sedans. However, we should not expect four door BMW passenger cars wearing badges beginning with each of 1, 2, 3, 4, 5, 6, 7, and 8 in 2030 and beyond. What gets cut after the upcoming generation (the one starting the new G70 7 Series in mid-2022) remains to be seen. |
|
Appreciate
1
David701567.00 |
01-06-2021, 11:30 AM | #13 | |
Lieutenant General
5946
Rep 10,317
Posts |
Quote:
I see more and more X5 and X7 vehicles in my area (SoCal - OC). |
|
Appreciate
0
|
01-06-2021, 11:46 AM | #15 |
Colonel
2199
Rep 2,559
Posts |
|
Appreciate
6
|
01-06-2021, 11:57 AM | #16 |
Major General
9748
Rep 6,098
Posts |
I noticed that as well. Are there very strong deals on the 5er or something? I feel they used to be a pretty common sight but in the past few years I'm seeing their midsize luxury sedans less and less. I can't remember the last time I saw the redesigned A6 for example. That could just be anecdotal evidence.
__________________
Former
-2008 E90 328 black/brown -2012 Lexus IS250 black/black |
Appreciate
0
|
01-06-2021, 12:00 PM | #17 | |
Major General
9748
Rep 6,098
Posts |
Quote:
For as much as sedan sales have fallen over the past decade, it seems like the Germans make more sedan/4-door "coupe" variants than they ever have.
__________________
Former
-2008 E90 328 black/brown -2012 Lexus IS250 black/black |
|
Appreciate
0
|
01-06-2021, 12:27 PM | #19 | |
Lieutenant Colonel
3202
Rep 1,669
Posts |
Quote:
Would they be counting 4-series orders in these numbers? Cars that are on order but haven't arrived / been delivered yet? |
|
Appreciate
0
|
01-06-2021, 12:36 PM | #20 | |
------
7456
Rep 10,259
Posts |
Quote:
|
|
Appreciate
0
|
01-06-2021, 12:39 PM | #21 | |
Private First Class
215
Rep 139
Posts
Drives: 2019 440i GC
Join Date: May 2019
Location: Toronto, ON
|
Quote:
|
|
Appreciate
1
Swappy539.00 |
01-06-2021, 12:39 PM | #22 | |
Colonel
2199
Rep 2,559
Posts |
Quote:
But the market is shifting for sure, the idea of a 2 door lux coupe being the flagship is dying being replaced with the forward looking suv coupe or electric/hybrid technology demonstrator |
|
Appreciate
1
SportySpice204.00 |
Post Reply |
Bookmarks |
|
|