BMW Group: shipments 2007-2022

In 2022, the Bayerische Motoren Werke AG (BMW) shipped over 2.4 million autos worldwide. BMW's major brands include BMW (automobiles and motorcycles), MINI, and Rolls Royce.

BMW in the international market

Headquartered in Munich, the German brand consistently ranked amongst the leading automotive manufacturers. As of June 2022, the BMW marque was the fourth most valuable automotive brand, right behind its main competitor, Mercedes-Benz. BMW reports factories across the globe, including in the United Kingdom, the United States, Mexico, and China. The latter is becoming BMW's most important market: about one-third of vehicle sales in 2022 were recorded in China. BMW also ranked second among the best perceived car brands in the United States.

The impact of the COVID-19 pandemic

The luxury car market that BMW is a part off had been steadily increasing until 2019, before the COVID-19 pandemic led to a drop in market size down to just over 500 billion euros. This dip in the market is also visible in BMW’s worldwide shipments, which dropped by over eight percent year-over-year. BMW’s 2020 revenue, some 99 billion euros, reflected the impact of the economic downturn on vehicle demand and deliveries. Despite demand slowing down, BMW was the leading luxury car brand in the U.S. in 2020, followed closely by Lexus, its main competitor in the sector.