BMW Motorrad Sales collapse 19.3% Q2 2024 vs Q2 2023
Richmond Hill, ON. BMW Group Canada (BMW and MINI brands combined) reported sales of 10,405 vehicles for the second quarter of 2024, an increase of +3.1% over Q2 2023.
“Our retailers have done an exceptional job of supporting our customers with their premium automotive purchase experience,” stated Andrew Scott, president and CEO, BMW Group Canada. “They worked through significant challenges this past month, and the results show their dedication to their customers. I would like to thank all BMW Group retailers across Canada for their ongoing commitment to our brands.”
BMW.
The BMW brand enjoyed a sales increase of +4.0% compared to Q2 2023. Sales of 9,153 units drove the brand to this result.
Fast Facts:
MINI.
MINI reported sales of 1,252 units for the second quarter of the year, a decrease of -2.9% from Q2 2023. MINI is in the midst of relaunching its entire model lineup, with some overhauled models already in showrooms and more soon to come. The timing of this changeover continues to impact sales volumes for the brand.
Fast Facts:
Q2 2024 | Q2 2023 | YoY % | 2024 YTD | 2023 YTD | YoY % | |
BMW Brand | 9,153 | 8,799 | +4.0% | 14,835 | 15,242 | -2.7% |
BMW Passenger Cars | 2,832 | 2,855 | -1.8% | 4,502 | 4,679 | -3.8% |
BMW Light Trucks | 6,321 | 5,914 | +6.9% | 10,333 | 10,563 | -2.2% |
MINI | 1,252 | 1,289 | -2.9% | 2,229 | 2,328 | -4.3% |
Total Group | 10,405 | 10,088 | +3.1% | 17,064 | 17,570 | -2.9% |
Table 1: New Vehicle Sales BMW Group Canada, Q2 2024.
BMW Motorrad.
BMW Motorrad recorded sales of 1,105 units for the second quarter of 2024, a decrease of -19.3% compared to Q2, 2023.
Fast Facts:
Q2 2024 | Q2 2023 | YoY % | 2024 YTD | 2023 YTD | YoY % | |
BMW Motorcycles | 1,105 | 1,369 | -19.3% | 1,653 | 1,909 | -13.4% |
Table 2: Motorcycle Sales BMW Group Canada, Q2 2024.
BMW Group in Canada.
BMW Group Canada, based in Richmond Hill, Ontario, is a wholly owned subsidiary of BMW AG and is responsible for the distribution of BMW luxury performance automobiles, Sports Activity Vehicles, Motorcycles, and MINI. BMW Group Financial Services Canada is a division of BMW Group Canada and offers retail financing and leasing programs and protection products on new and pre-owned BMW and MINI automobiles, as well as retail financing for new and pre-owned BMW Motorcycles. A total network of 51 BMW automobile retail centres, 24 BMW motorcycle retailers, and 31 MINI retailers represents the BMW Group across the country.