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BMW Group Celebrates a Banner Year in 2023 with Record Sales and E-Mobility Milestones Surpassed

BMW Group Celebrates a Banner Year in 2023 with Record Sales and E-Mobility Milestones Surpassed
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In a landmark year, BMW Group achieved record-breaking sales in 2023, selling 2,555,341 units, a 6.5% increase over the previous year. This growth was significantly fueled by a 15% increase in Battery Electric Vehicle (BEV) sales, demonstrating BMW’s commitment to e-mobility. The BMW brand led the global premium segment, with Rolls-Royce and BMW Motorrad also hitting new sales records.

Jochen Goller, a member of BMW AG’s Board of Management, attributed this success to the group’s strong brands and diverse product range, which includes a variety of drive technologies. The fourth quarter of 2023 saw a notable 10.3% sales increase, with 718,778 units sold.

A logo of German luxury carmaker BMW, is seen ahead of the company's annual news conference in Munich

BMW Group’s BEV sales saw a significant rise, with 376,183 fully-electric units sold in 2023, marking a 74.4% year-on-year growth. This outperformance in the BEV sector highlights BMW’s pioneering role in electromobility. Looking to 2024, the group aims to continue this trajectory, with plans to sell over half a million fully-electric vehicles.

The BMW brand itself delivered 2,253,835 vehicles in 2023, up 7.3% from the previous year. Electric models like the BMW iX1 and BMW i4 were key sales drivers. BMW M GmbH also had a record year, selling 202,530 performance cars, with the BMW i4 M50 as the top-selling model.

MINI brand sales increased slightly to 295,474 units, with electric models making up 15.3% of total sales. The fully-electric MINI Cooper SE Convertible was a notable success, quickly selling out in most markets.

BMW Group Celebrates a Banner Year in 2023 with Record Sales and E-Mobility Milestones - Mini Sales

Rolls-Royce also celebrated a historic year with 6,032 cars sold, the highest in its history, driven by strong global demand and bespoke orders. The introduction of the fully-electric Rolls-Royce Spectre marked a significant milestone.

BMW Motorrad had its best year ever, selling 209,257 motorcycles and scooters, a 3.1% increase from the previous year, driven by new model launches and strong sales in multiple regions.

BMW Group Celebrates a Banner Year in 2023 with Record Sales and E-Mobility Milestones - Rolls Royce Sales

Overall, BMW Group’s achievements in 2023 reflect its leadership in the premium automotive sector and its commitment to sustainable mobility, positioning the group for continued success in the evolving automotive industry.M