Name: BMW Q3 Deliveries Spike 5.8%, With Fully-Electric And MINI Vehicle Sales Up 80% - BMW (OTC:BMWYY)
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BMW Q3 Deliveries Spike 5.8%, With Fully-Electric And MINI Vehicle Sales Up 80% - BMW (OTC:BMWYY)

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My AccountNotificationsOverview+ New WatchlistBenzinga ResearchBenzinga ProLog In-------ContributeResearchMy StocksToolsCalendarsAnalyst Ratings CalendarConference Call CalendarDividend CalendarEarnings CalendarEconomic CalendarFDA CalendarGuidance CalendarIPO CalendarM&amp;A CalendarSPAC CalendarStock Split CalendarTrade IdeasInsider TradesTrade Idea FeedAnalyst RatingsUnusual Options ActivityHeatmapsFree NewsletterShort InterestMost ShortedLargest IncreaseLargest DecreaseCalculatorsMargin CalculatorForex Profit Calculator100x Options Profit Calculator-------Zinger Key PointsBayerische Motoren Werke AG&nbsp; said it recorded 621,699&nbsp;vehicle deliveries in third-quarter (Q3) for 2023.That's a 5.8% increase Y/Y.In particular, the automaker sold 93,931 fully-electric BMW and MINI vehicles (+79.6% Y/Y).The BMW brand was able to more than double its sales of fully electric vehicles in Q3, with 83,211 units delivered to customers.Sales in China fell 1.8%, while it rose 7.8% in the U.S. and 12.9% in Europe.&nbsp;Outlook: The company expects strong delivery growth in FY23, including the upper price segment and fully-electric vehicle models, with electric vehicles expected to account for 15% of total vehicle sales in the year.Also Read:&nbsp;Driving Into The Future: Mercedes And BMW Partner With Qualcomm For Ultra-Connected Cars“The sales success of the third quarter shows that our customers appreciate our wide range of attractive products across all drive technologies. Our fully-electric products, in particular, are benefiting from high demand worldwide – as seen in our BEV sales, which significantly outperformed the total BEV market in the first nine months. Overall, we are on track to meet our growth targets for 2023,” said Pieter Nota, Member of the Board of Management of BMW AG responsible for Customer, Brands, Sales.Also Read:&nbsp;EU Investigation Into Chinese EV Subsidies May Backfire, BMW CFO Warns: ReportPrice Action: BMWYY shares closed higher by 1.45% at $33.85 on Monday.&nbsp;Click to see more Earnings updates© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Posted In: EarningsEquitiesLarge CapNewsGuidanceTop StoriesMarketsautomakersBriefselectric vehicles

My AccountNotificationsOverview+ New WatchlistBenzinga ResearchBenzinga ProLog In-------ContributeResearchMy StocksToolsCalendarsAnalyst Ratings CalendarConference Call CalendarDividend CalendarEarnings CalendarEconomic CalendarFDA CalendarGuidance CalendarIPO CalendarM&amp;A CalendarSPAC CalendarStock Split CalendarTrade IdeasInsider TradesTrade Idea FeedAnalyst RatingsUnusual Options ActivityHeatmapsFree NewsletterShort InterestMost ShortedLargest IncreaseLargest DecreaseCalculatorsMargin CalculatorForex Profit Calculator100x Options Profit Calculator-------Zinger Key PointsBayerische...

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BMW Q3 Deliveries Spike 5.8%, With Fully-Electric And MINI Vehicle Sales Up 80% - BMW (OTC:BMWYY)

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