Gurugram, Haryana, India - June 28, 2024
• Strong leadership in the luxury electric mobility segment.
• Milestone in electric mobility: first luxury manufacturer to exceed 2,000 electric units. The BMW iX is the best-selling luxury electric car in India.• BMW's luxury class is advancing rapidly (BMW 7 Series, BMW i7, BMW X7, BMW XM).
BMW Group India has recorded strong performance in the first half of 2024 (January – June). BMW Group India delivered 7,098 automobiles (BMW and MINI) and 3,614 motorcycles (BMW Motorrad). BMW sold 6,734 units and MINI 364 units.
BMW Group India saw a +21% increase in automobile sales (BMW + MINI) in the first half of the year, driven by high demand for its sports, luxury and electric vehicles.Vikram Pawah, President, BMW Group India , said, “In 2024, BMW Group India is making great strides in implementing its strategy by reaching new heights in business performance and customer delight. We have achieved the highest semi-annual car sales in history and have continuously maintained leadership in the luxury electric car segment. “The strong affinity for our vehicles is driven by our competitive advantage in exclusive mobility combined with unmistakable driving pleasure and best-in-class innovations.”
Electric Vehicles (EV) from the BMW Group
BMW Group India's electric vehicles have once again emerged as luxury consumers' top choice when it comes to sustainable mobility. In the first six months, 397 units of fully electric BMW and MINI cars were sold. The BMW i7 was the best-selling BMW electric vehicle in the first half, reflecting the growing appeal of sustainable mobility in the high-end circle. BMW Group India is the first luxury carmaker in the country to surpass the milestone of more than 2,000 electric vehicle deliveries to date. The BMW iX is the most popular luxury electric vehicle in India, with over 1,000 units sold to date. Possessing the most elaborate range of electric vehicles in the luxury market with great product substance is a key factor in satisfying diverse consumer preferences. BMW Group India now offers six electric vehicles in India: BMW i7, BMW iX, BMW i5, BMW i4, BMW iX1 and MINI SE. In July, this range will be further expanded with the launch of the MINI Countryman E and the BMW CE 04, the first electric two-wheeler from BMW Motorrad India.
BMW Luxury Class (BMW 7 Series, BMW i7, BMW X7 and BMW XM)
BMW Luxury Class vehicles recorded an impressive growth of +17%, contributing 18% to total sales. The BMW X7 was the best-selling Luxury Class model. BMW Sports Activity Vehicles (SAV) contributed 54% of sales, recording solid growth of +24%.
The BMW X1 was the most popular SAV with around 19% share of sales.
The BMW 3 Series was once again the best-selling BMW sedan with a share of 17%.BMW and MINI 360°
Customers enjoy a great value proposition and complete peace of mind with BMW India Financial Services' 360⁰ financial product, which offers attractive low monthly installments, assured buyback, flexible end-of-term options and the opportunity to upgrade to a new car, among other benefits. 7 out of 10 cars financed by BMW India Financial Services are through BMW and MINI 360⁰.
BMW Group IndiaWith BMW, MINI and Motorrad, the BMW Group has its sights firmly set on the premium sector of the Indian automobile market. Along with automobiles and motorcycles, the BMW Group's activities in India comprise financial services for its premium clientele. BMW India and BMW India Financial Services are 100% subsidiaries of the BMW Group and are headquartered in Gurgaon (National Capital Region).
BMW India started its operations in 2007. The wide range of its activities includes a manufacturing plant in Chennai, a parts warehouse in Pune, a training center in Gurgaon NCR and the development of a dealer organization in major metropolitan centers in the country.
MINI has successfully established itself as a premium small car brand in India since its launch in January 2012. BMW Motorrad officially started operations as part of the Indian subsidiary of BMW Group in April 2017.With BMW, MINI and BMW Motorrad , BMW Group India currently has over 80 touch points across the country that set high standards in service quality and customer support. BMW Group India has introduced the innovative RetailNext concept for its dealer network. RetailNext is a holistic and progressive approach focused on customer-centricity, flexibility, sustainability and best-in-class premium experience. Based on a new design, it focuses on new processes, digital tools and roles that seamlessly deliver a physical (physical and digital) experience.
BMW India Financial Services, a non-banking financial company (NBFC), started its operations in 2010. It operates three lines of business: retail finance, trade finance and insurance solutions (as corporate agents). The services offered through BMW India Financial Services are significantly valuable to premium clientele who require exclusive and flexible financial solutions.
If you have any queries, please contact:BMW Group India
Abhay Dange, Director, Press and Corporate Affairs
Mobile: +91 9910481013; Email: [email protected] Sharma, Business and Financial Communication
Mobile: +91 9910022148; Email: [email protected]
Internet: www.bmw.inFacebook: https://www.facebook.com/bmwindia
Twitter: https://twitter.com/bmwindia
YouTube: https://www.youtube.com/user/bmwindia Instagram: https://www.instagram.com/bmwindia_official
LinkedIn: https://www.linkedin.com/company/bmw-group
(Disclaimer: The above press release is provided by HT Syndication and will not assume any editorial responsibility for this content.)
• Strong leadership in the luxury electric mobility segment.
• Milestone in electric mobility: first luxury manufacturer to exceed 2,000 electric units. The BMW iX is the best-selling luxury electric car in India.• BMW's luxury class is advancing rapidly (BMW 7 Series, BMW i7, BMW X7, BMW XM).
BMW Group India has recorded strong performance in the first half of 2024 (January – June). BMW Group India delivered 7,098 automobiles (BMW and MINI) and 3,614 motorcycles (BMW Motorrad). BMW sold 6,734 units and MINI 364 units.
BMW Group India saw a +21% increase in automobile sales (BMW + MINI) in the first half of the year, driven by high demand for its sports, luxury and electric vehicles.Vikram Pawah, President, BMW Group India , said, “In 2024, BMW Group India is making great strides in implementing its strategy by reaching new heights in business performance and customer delight. We have achieved the highest semi-annual car sales in history and have continuously maintained leadership in the luxury electric car segment. “The strong affinity for our vehicles is driven by our competitive advantage in exclusive mobility combined with unmistakable driving pleasure and best-in-class innovations.”
Electric Vehicles (EV) from the BMW Group
BMW Group India's electric vehicles have once again emerged as luxury consumers' top choice when it comes to sustainable mobility. In the first six months, 397 units of fully electric BMW and MINI cars were sold. The BMW i7 was the best-selling BMW electric vehicle in the first half, reflecting the growing appeal of sustainable mobility in the high-end circle. BMW Group India is the first luxury carmaker in the country to surpass the milestone of more than 2,000 electric vehicle deliveries to date. The BMW iX is the most popular luxury electric vehicle in India, with over 1,000 units sold to date. Possessing the most elaborate range of electric vehicles in the luxury market with great product substance is a key factor in satisfying diverse consumer preferences. BMW Group India now offers six electric vehicles in India: BMW i7, BMW iX, BMW i5, BMW i4, BMW iX1 and MINI SE. In July, this range will be further expanded with the launch of the MINI Countryman E and the BMW CE 04, the first electric two-wheeler from BMW Motorrad India.
BMW Luxury Class (BMW 7 Series, BMW i7, BMW X7 and BMW XM)
BMW Luxury Class vehicles recorded an impressive growth of +17%, contributing 18% to total sales. The BMW X7 was the best-selling Luxury Class model. BMW Sports Activity Vehicles (SAV) contributed 54% of sales, recording solid growth of +24%.
The BMW X1 was the most popular SAV with around 19% share of sales.
The BMW 3 Series was once again the best-selling BMW sedan with a share of 17%.BMW and MINI 360°
Customers enjoy a great value proposition and complete peace of mind with BMW India Financial Services' 360⁰ financial product, which offers attractive low monthly installments, assured buyback, flexible end-of-term options and the opportunity to upgrade to a new car, among other benefits. 7 out of 10 cars financed by BMW India Financial Services are through BMW and MINI 360⁰.
BMW Group IndiaWith BMW, MINI and Motorrad, the BMW Group has its sights firmly set on the premium sector of the Indian automobile market. Along with automobiles and motorcycles, the BMW Group's activities in India comprise financial services for its premium clientele. BMW India and BMW India Financial Services are 100% subsidiaries of the BMW Group and are headquartered in Gurgaon (National Capital Region).
BMW India started its operations in 2007. The wide range of its activities includes a manufacturing plant in Chennai, a parts warehouse in Pune, a training center in Gurgaon NCR and the development of a dealer organization in major metropolitan centers in the country.
MINI has successfully established itself as a premium small car brand in India since its launch in January 2012. BMW Motorrad officially started operations as part of the Indian subsidiary of BMW Group in April 2017.With BMW, MINI and BMW Motorrad , BMW Group India currently has over 80 touch points across the country that set high standards in service quality and customer support. BMW Group India has introduced the innovative RetailNext concept for its dealer network. RetailNext is a holistic and progressive approach focused on customer-centricity, flexibility, sustainability and best-in-class premium experience. Based on a new design, it focuses on new processes, digital tools and roles that seamlessly deliver a physical (physical and digital) experience.
BMW India Financial Services, a non-banking financial company (NBFC), started its operations in 2010. It operates three lines of business: retail finance, trade finance and insurance solutions (as corporate agents). The services offered through BMW India Financial Services are significantly valuable to premium clientele who require exclusive and flexible financial solutions.
If you have any queries, please contact:BMW Group India
Abhay Dange, Director, Press and Corporate Affairs
Mobile: +91 9910481013; Email: [email protected] Sharma, Business and Financial Communication
Mobile: +91 9910022148; Email: [email protected]
Internet: www.bmw.inFacebook: https://www.facebook.com/bmwindia
Twitter: https://twitter.com/bmwindia
YouTube: https://www.youtube.com/user/bmwindia Instagram: https://www.instagram.com/bmwindia_official
LinkedIn: https://www.linkedin.com/company/bmw-group
(Disclaimer: The above press release is provided by HT Syndication and will not assume any editorial responsibility for this content.)
