BMW Q3 2024 Sales – Slow Turn, But Still On Track
BMW India YTD sales 2024 – January to September, end of Q3. BMW sales slow in Q3 2024: Not every lap is a victory lap The company reported continued growth in car and motorcycle deliveries through 2024. From January to September, BMW sales reached 10,056 vehicles. The MINI brand contributed 500 units, for a total of 10,556 units. This is an increase of 10.19% over the same period in 2023, reflecting stable performance in India's highly competitive luxury car market. Motorcycle deliveries reached 5,638 units, demonstrating a diversified product portfolio in both the two-wheel and four-wheel segments. BMW Group India's results for the third quarter of 2024 reflected an overall decline in vehicle sales of 6.87%, with a total of 3,458 units delivered. BMW sales fell 5.68% to 3,322 units. MINI delivered 136 units this quarter, a year-on-year decrease of 28.80%. BMW motorcycle sales fell by 4.12%. This was down from 2,111 units. BMW sales in the third quarter of…
VW, SAIC may close China plant as combustion engine car sales slow
SAIC Volkswagen's plant capacity utilization rate is only 58%, and its production capacity is expected to be 2.1 million vehicles go through Brad Anderson September 19, 2024 06:59 The plant has a production capacity of up to 360,000 vehicles per year. The conglomerate currently has 39 factories across the country. Some workers may be asked to transfer to SAIC Volkswagen Yizheng plant. Volkswagen AG and its Chinese joint venture partner SAIC Motor Corp. plan to close a factory in Nanjing as early as next year amid falling local sales of some combustion engine vehicles and the growing popularity of electric vehicles. The plant, which makes the Volkswagen Passat and several Skoda models, has an annual production capacity of up to 360,000 vehicles. The anonymous source said the Skoda brand is reviewing its strategy due to falling sales. A second plant in Ningbo, Zhejiang province, which makes Skoda models, has also been shut down for months and may also be closed.…
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Guide to 2025 China Education Logistics Exhibition (Shanghai) (time, location + how to buy tickets?)
