Who has the most car sales in the US in 2024?
State of Car Sales in America Toyota sold the most vehicles in 2024 followed by Ford, Chevy, Honda and Hyundai. Toyota has cemented its position as the world’s leading car brand for 2025, solidifying its dominance in the automotive sector.Tesla Model Y has been the best selling automobile in the world for both 2023 and 2024.
Are BMW sales falling?
BMW Remains the Leader Despite a Slight Decline in Sales BMW remains the clear leader in the premium segment, even though sales have declined for the first time in recent years. BMW sold 1,070,814 units in the first half of 2025, down 2. Mercedes. Sales Remain Steady BMW’s global vehicle sales barely moved year-over-year. The company delivered 1,207,594 cars across its BMW, MINI, and Rolls-Royce brands—down just 0.Thus, BMW ended 2024 more than 215,000 units ahead of Mercedes and more than 520,000 units ahead of Audi. Also, in the field of sports models, the BMW M GmbH division is the absolute leader with 206,582 units sold which represents an increase of 2. Audi Sport only sold just over 41,000 units.
Is BMW outsells Mercedes and Audi in the US during the first half of 2025?
BMW leads the U. S. Mercedes and Audi. 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.BMW X5: 51,870 units sold SUVs are now BMW’s bread and butter, and the mid-size X5 is the bestselling BMW.
What is the best-selling BMW in 2024?
BMW M concludes the 2024 fiscal year with a new sales record. With 206,582 units, BMW M GmbH reached a new all-time high in vehicle sales for the 2024 fiscal year. The all-electric BMW i4 M50 was the best-selling model for the third time in a row. BMW 7 Series Five-Year Depreciation: 67. Of course, since the i7 hasn’t actually been around for five years yet, it could theoretically be even higher than 67. Either way, the 7 Series continues to wear the crown of depreciation.The worst depreciation, predictably, faces the high-dollar M Series models. The BMW XM and M5 lead the charge, seeing a 61.
Is BMW struggling financially?
Takeaways by Bloomberg AI. BMW AG shares slid after the company lowered its financial guidance due to weak sales in China and tariff costs. The company now sees pretax group earnings slightly lower in 2025 compared to last year and slashed its projection for automotive free cash flow. BMW annual revenue for 2024 was $154. B, a 8. BMW annual revenue for 2023 was $168. B, a 12. BMW annual revenue for 2022 was $150. B, a 14.
Why do BMWs have such low resale value?
Luxury Vehicles Depreciate Quickly Luxury vehicles, including BMWs, are notorious for rapid depreciation. New car buyers often pay a premium for the latest features, technology, and prestige associated with owning a luxury brand. BMW’s weaknesses include a profit decline in 2024, high operational costs, dependence on China for sales, and a backlash over digital monetisation of paid features like heated seats.Mercedes-Benz. Known for its dependability, Mercedes-Benz has been determined to be significantly less expensive to repair than BMW. However, it is more costly because of the nature of its high-end components and services.Higher initial costs, potential maintenance expenses, and limited selection are factors that potential buyers should weigh carefully. By understanding these cons, you can make a more informed decision and determine if a BMW approved used vehicle is the right choice for you.Vulnerability to Economic Downturns Global financial crises or economic downturns often reduce demand for luxury goods, including premium vehicles. This vulnerability places BMW at a disadvantage compared to competitors focusing on more affordable models.