A byproduct of the pandemic, supply chain issues such as chip shortages and higher raw material costs were magnified by
The German automotive giant delivered 2.4m cars over the past 12 months, 4.8 per cent down on 2021 levels. Sales for the BMW brand dropped 5.1 per cent to 2.1m units.
Sales levels were affected in the first six months of 2022, but picked up pace in the second half.
Over the last quarter, the group reported a 10.6 per cent increase in sales, as more than 650,000 cars were delivered to customers.
Despite the impact of Covid-19 in
(c) 2023 City A.M., source