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Market: BMW reports strong Q1 performance in India

Fiinews by Fiinews
April 10, 2024
in Markets
Reading Time: 2 mins read
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Bmw Group India

Luxury Class Leadership Propelled by BMW 7 Series, BMW i7 and BMW X7, says BMW.

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Pawah recorded Q1 car sales growth of +51%

BMW India has posted strong business performance in the first quarter (Jan–Mar) 2024, backed by a wide range of its activities – a manufacturing plant in Chennai, a parts warehouse in Pune, a training centre in Gurgaon NCR and development of a dealer organisation across major metropolitan centres of the country since 2007 it entered the market.

BMW delivered 3,680 cars (BMW and MINI) and 1,810 motorcycles (BMW Motorrad). BMW https://www.bmwgroup.com/en.html sold 3,510 units and MINI 170 units during the quarter.

BMW recorded +51% growth in car sales in Q1 (BMW + MINI), riding on high demand https://www.sidm.in/ for its Sports Activity Vehicles, Luxury Class and Electric Vehicles. Models like the BMW X7, BMW X3, BMW X1 and BMW 3 Series were sold-out.

BMW Group India President Vikram Pawah said on 8 Apr, “BMW has posted strong performance https://www.makeinindia.com/home/ in the first quarter of the year. Breaking earlier records, Q1 car sales achieved new heights with successful growth of +51%!

“Our firm leadership in the luxury electric car market remains undisputed thanks to the most diverse range of products. The exclusive BMW Luxury Class has also assumed a segment-leading position. Our key car models are at the top of their game and with significant new launches in the pipeline, we will raise the heat in luxury market.” Fiinews.com

Tags: BMW Group India
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