BMW on track for 2023 target despite Q1 sales fall

BMW i7 xDrive60 3.jpg — The i7, shown, helped BMW to boost its BEV sales in the first quarter. (DANIEL KRAUS/DANIEL KRAUS)

R

By:

Reuters

April 11, 2023 09:12 AM

BMW remains on track for slightly higher sales this year despite a dip in demand in the first quarter, including in the Chinese market, the automaker said.

Featured Stories

New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

New Stellantis CEO Antonio Filosa faces series of hurdles

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Finance Insurance

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

Latest News

BYD sales hit 2025 high in May on bigger discounts; China, key trade group urge end to price war

Toyota says new Aygo X hybrid will be Europe’s cleanest car without a plug

Donald Trump revokes EV policies with speed - and uncertain legal standing

Read the Automotive News Digital Edition for June 2

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Honda Canada certifies used vehicles up to 10 model years old amid affordability challenge

BMW, Mercedes, VW said to be in talks with U.S. over possible tariff deal

Cars & Concepts: New and refreshed offerings from Kia, Subaru, Lexus, more

BYD’s latest incentives dim industry outlook for profits

Staying current is easy with newsletters delivered straight to your inbox.