BMW Group India records 32% sales decline in the year 2020
The year 2020 was the second consecutive year with double-digit sales falls down For BMW Group India
BMW Group India announced a 32% sales fall in the year 2020. The sales of almost every manufacturer are affected in the year 2020. Moving towards BMW the 2020 sales are lowest incomplete decade. One common cause behind the sales fall among all manufacturers is a 50 day nationwide lockdown.
Image source :- BMW India
The year 2020 was the second consecutive year with double-digit sales falls down. The company sold 11105 units in 2018 and 9641 units in the year 2019. Last year’s sales recorded more degrowth of 32% with only 6604 units of BMW and Mini cooper as well. In. Two-wheeler segment BMW sold 2563 bikes in India.
If we see model wise contribution in sales. 50% of sales were extracted from locally produced sports activity vehicle. The Range includes BMW X1, X3, X5, AND X7. Along with this 3 series and 5 series contributed pretty well in sales.
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