Bmw 2024 Q1

In Q1 2024, total investments of €2.3bn were made into future models and innovations. Nevertheless, segment Automotive generated € 1,283 million (2023: € 1,981 million/-35.2%) in free cash flow. In Q1 2023, EVs had an 11% share in total deliveries.

Between January and March 2024, the BMW Group sold 122,582 electrified cars (EVs+PHEVs), or 10.9% more than in the same interval of last year. BMW's financial performance hits the ground running in Q1 2024. With a luxurious, high-tech lineup that continues to be rapidly transformed by electrification, BMW Group is starting 2024 with financial success.

The results for Q1 2024 are in, and BMW is on track with its plan for the year with growing electric vehicle deliveries, and at approximately 83,000 across all three of BWM Group's. Here you will find a list of the most important corporate reports of the BMW Group, such as the annual financial report, available for investors to download. For the full year 2024, the BMW Group anticipates a positive net balance from currency and commodity positions.

Resale results from end-of-lease vehicles proved to be a headwind against Q1/2023. BMW of North America released its Q1 2024 sales results for the BMW and MINI brands in the U.S. The BMW brand achieved a total of 84,475 vehicle sales, marking a 2.4% increase from the same period in 2023 when 82,466 vehicles were sold.

BWM GROUP Q1-24 & FY-24-25 consensus # of estimates included: 14 Estimates collected between April 15 and April 29, 2024 In € million (unless stated otherwise). BMW kicks off 2024 with a sales bump and a bold electric leap. As the automotive industry rolls out of Q1 2024, many are reflecting on the successes and areas of improvement surrounding both ongoing vehicle manufacturers and future plans for enhancing mobility as a whole.

With a strong position in the luxury car market, BMW of North America just reported promising Q1 2024 sales results for the. We've already learned that BMW had record deliveries in the first quarter of the year, but how did it get there? The 2.5% jump in demand to 530,933 cars. The BMW Group made a successful start to the 2024 financial year.

De-mand for the Company's appealing and contemporary product range re-mained high, with sales up by a slight 1.1% in the first quarter of 2024.