BMW India sales fall 13%

BMW India sales fall 13%

AgenciesUpdated: Thursday, January 09, 2020, 01:28 AM IST
article-image
BMW | ZigWheels.com

New Delhi: German car maker BMW on Wednesday reported 13.8 per cent dip in its sales at 9,641 units in India last year as compared with 11,105 units in 2018.

The luxury automaker despatched 9,000 BMW and 641 Mini units in 2019.

Besides, BMW Motorrad sold 2,403 motorcycles last year.

"2019 was not an easy year for the Indian automotive industry as various macroeconomic and structural conditions shook its foundations," BMW Group India President and CEO Rudratej Singh said in a statement.

BMW Group India, however, stood its ground in this fierce environment with a slew of new products and very aspirational and desirable brands, he added.

"We successfully initiated new consumers to come into the segment with the BMW 3 Series and the BMW X1. At the same time, we created a clear path for upgrade for segment users with the BMW X5, the BMW 6 Series Gran Turismo and the BMW 7 Series," Singh said.

RECENT STORIES

Mumbai: Andheri Trader Acquitted By SEBI Judge Over Non-Timely Receipt Of Penalty Order

Mumbai: Andheri Trader Acquitted By SEBI Judge Over Non-Timely Receipt Of Penalty Order

How To Enjoy Trouble Free Elevator Operations During The Summer Season

How To Enjoy Trouble Free Elevator Operations During The Summer Season

Why Are Residential Townships More Appealing In Comparison To Other Housing Options?

Why Are Residential Townships More Appealing In Comparison To Other Housing Options?

Real Estate: Strategies For Building Long-Term Wealth

Real Estate: Strategies For Building Long-Term Wealth

NAREDCO Hails REITs As Game-Changer For Accessibility In Indian Real Estate Investment

NAREDCO Hails REITs As Game-Changer For Accessibility In Indian Real Estate Investment