BMW North America Q2 US Sales: BMW -18.3%, Mini -45%

During the second quarter of 2022, BMW brand sales in the U.S. totaled 78,905 vehicles, a decrease of -18.3% from the 94,144 vehicles sold in the record-setting Q2 of 2021. Based on preliminary data, it looks like industry sales will decline ~-20%. (US June Vehicle Sales Forecast is Down on Record Prices)

“We are pleased that demand remains strong, however this quarter was not without its challenges, as our sales were constricted only by the limitations of available inventory,” said Sebastian Mackensen, President and CEO, BMW of North America.

BMW Group Results at a Glance

While supply constraints continued to impact inventory availability, demand for BMW Sports Activity Vehicles and increased allocation from the company’s U.S. plant in Spartanburg, SC led to year-over-year growth of BMW X5 (+15.1%) and BMW X7 (+18.3%) sales, and an overall increase of 4.6% in the light-truck segment vs Q2 2021. In total, sales of BMW’s U.S.-built Sports Activity Vehicles are up 9.8% when compared to the first half of 2021.

Despite single digit day supply, sales of BMW’s newest fully electric vehicles also continue to grow, with nearly 1500 BMW iX Sports Activity Vehicles and more than 1100 BMW i4 Gran Coupe models now on U.S. roads since they first began arriving in late March.