BMWNA Sales Down 18.3% for Q2 2022

BMW brand sales in the U.S. fell by 18.3% to 78,905 vehicles for the second quarter of 2022. That’s a 18.3% decrease from the 94,144 vehicles sold in the record-setting second quarter of 2021. That’s a staggering decrease is the result of severe production capacity issues due to global supply chain issues
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. Since the arrival of the iX and i4 in market this past March, it is clear that enthusiasm for BMW electric vehicles is here to stay. In April, we hosted the world premiere of the first-ever, fully electric BMW i7, to rave reviews from dealers, customers, and press. We look forward to launching this incredible vehicle later this year.
Sebastian Mackensen, President and CEO, BMW of North America
According to BMW, despite supply constraints, high 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 1,500 BMW iX Sports Activity Vehicles and more than 1,100 BMW i4 Gran Coupe models now on U.S. roads since they first began arriving in late March.