What are the financial results of BMW in 2024?
By 2027, BMW is planning to release more than 40 new and updated vehicles. Credit: BMW Group. BMW’s financial performance in 2024 (Jan-Dec) experienced a downturn, with net profit decreasing by 36. Chinese market. BMW Group competitors include Porsche, Audi, Mercedes-Benz USA, Lexus and Fiat Chrysler Automobiles (FCA). BMW Group ranks 1st in CEO Score on Comparably vs its competitors.In 2024, Mercedes shipped 324,528 vehicles to American buyers. Even so, in the US, BMW moved 46,818 more cars in the last 12 months. BMW set a new annual record at 371,346 units or 2. It’s worth noting that Mercedes didn’t even finish second in the luxury sales race.In October 2024, the BMW Group’s eponymous brand BMW ranked among the global top ten leading brands across sectors. Its main competitors, Toyota and Mercedes-Benz, were the only automotive brands higher up in the ranking.The BMW X5 and X3 were the top-selling BMWs in the US in 2024 while the 4-Series and 3-Series were the most popular BMW sedan cars.In 2023, BMW was the world’s ninth-largest producer of motor vehicles, and the 6th largest by revenue, with 2,555,341 vehicles produced in that year alone. In 2023, the company was ranked 46th in the Forbes Global 2000.
What is the revenue of BMW in 2024?
According to BMW’s latest financial reports the company’s current revenue (TTM ) is ₹12. Trillion. In 2024 the company made a revenue of ₹13. Trillion a decrease over the revenue in the year 2023 that were of ₹14. Trillion. BMW posts 37% drop in annual net profit, warns of ‘subdued’ Chinese demand. BMW’s net profits slumped by more than a third in 2024, flagging continuing subdued demand in the Chinese market.Total debt on the balance sheet as of December 2024 : $88. Billion USD. According to BMW’s latest financial reports the company’s total debt is $88. Billion USD. A company’s total debt is the sum of all current and non-current debts.China Is Still BMW’s Largest Market Despite Sales Slump. We still tend to underestimate the importance of the Chinese market for legacy luxury brands. Our analysis of the final 2024 sales figures highlights why BMW must get back in shape in the world’s largest car market.BMW’s net profit slumped by over a third in 2024 to 7. China and Germany as well as delivery hold-ups, because of problems with a brake, dented performance.
Are BMWs selling well?
Not only is BMW succeeding with EVs, the Bavarians are outselling their two closest competitors combined. First things first – we need to look at the numbers: BMW sold delivered 368,523 units to customers globally, representing a nearly 12% growth in EV deliveries for the brand year-over-year (YoY). Our analysis of the final 2024 sales figures highlights why BMW must get back in shape in the world’s largest car market. Despite a drop in deliveries from 826,300 to 715,200 (-13%) last year, China remained BMW’s top region by volume.China Is Still BMW’s Largest Market Despite Sales Slump. We still tend to underestimate the importance of the Chinese market for legacy luxury brands. Our analysis of the final 2024 sales figures highlights why BMW must get back in shape in the world’s largest car market.Rising competition from domestic electric vehicle manufacturers and reduced consumer spending in high-end automotive categories contributed to BMW’s underperformance in the region.The United States is the largest importer of German cars, followed by China and the United Kingdom. The US market particularly values German luxury brands like BMW and Mercedes-Benz, while China’s growing middle class drives increasing demand for premium German vehicles.BMW’s financial performance in 2024 (Jan-Dec) experienced a downturn, with net profit decreasing by 36. Chinese market.
Is BMW doing well financially?
BMW ‘s net profits slumped by more than a third in 2024, flagging continuing subdued demand in the Chinese market. Net profit for the year fell by an annual 36. BMW posts 37% drop in annual net profit, warns of ‘subdued’ Chinese demand. BMW’s net profits slumped by more than a third in 2024, flagging continuing subdued demand in the Chinese market.High demand for its products was the driver for the BMW Group’s continuing strong financial performance: The Group EBT margin came in at 11. Q4: 8.Global Sales Snapshot (2024–2025) BMW’s global sales dipped by 4% in 2024, largely due to uneven demand and supply pressures in major regions. Despite that, a rebound appears on the horizon for 2025.
Are BMW sales dropping?
The German carmaker announced a global sales decline of 1. China demand, while Trump’s auto tariffs loom over the year ahead. BMW saw its sales decline by 1. The German carmaker announced a global sales decline of 1. China demand, while Trump’s auto tariffs loom over the year ahead.
How much debt is BMW in?
Total debt on the balance sheet as of December 2024 : £65. Billion. According to BMW’s latest financial reports the company’s total debt is £65. Billion. A company’s total debt is the sum of all current and non-current debts. BMW worldwide sales included 2. USD revenue in 2023. Unit volume was up 6% year over year, global revenue was up 8%, and profit was up 17%.