BMW of North America Reports Q4 2022 and Full Year 2022 U.S. Sales Results.
- Phil Diianni
- Mariella Kapsaskis
- BMW finishes 2022 strong as Q4 sales increase 9.4% vs Q4 2021. Total year 2022 sales down slightly by 1.3% vs 2021.
- Q4 2022 electric vehicle sales surpassed totals achieved in the previous three quarters combined.
- U.S. Built Sports Activity Vehicles from Plant Spartanburg in South Carolina account for just over 60% of U.S. sales.
- Q4 2022 MINI sales increase by 31.3% vs Q4 2021. Total year 2022 sales show slight decline of 1.4% vs 2021.
Woodcliff Lake, NJ – January 4, 2023… BMW of North America today reported Q4 2022 and full year 2022 sales results for the BMW and MINI brands in the U.S.
BMW Brand
In the fourth quarter of 2022, BMW brand sales in the U.S. totaled 101,738 vehicles, a 9.4% increase from the 93,031 vehicles sold in the fourth quarter of 2021. For the full year 2022, BMW brand sales decreased slightly by 1.3% on total sales of 332,388 compared to the 336,644 vehicles sold in 2021.
BMW Electric Vehicle Sales
In March 2022, the fully electric BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe began arriving at U.S. dealerships. In the nine months that followed, sales of the all-new electric vehicles increased steadily as inventory levels improved. A third fully electric model, the BMW i7 Sedan, went on sale in late November.
In the fourth quarter alone BMW sold 8,689 electric vehicles, surpassing the totals achieved in the previous three quarters combined. For the full year 2022, BMW sold 15,584 fully electric vehicles in the U.S., accounting for approximately 4.7% of total U.S. sales.
In addition to the fully electric BMW iX, BMW i4 and BMW i7, the company’s electrified lineup in the U.S. will expand when the plug-in hybrid electric BMW XM Sports Activity Vehicle arrives in showrooms this quarter. BMW already offers plug-in hybrid electric variants of some of its most popular models including the BMW X5 xDrive45e, BMW 330e and BMW 530e.
“With three fully electric BMW vehicles and several plug-in variants now available at U.S. dealerships, we are firmly on the road to electrification, offering our customers all of the performance, technology, luxury, and quality that BMW is known for – now also in an emissions free package,” said Sebastian Mackensen, President and CEO, BMW of North America. “At the same time, I’d like to recognize the pivotal role that our dealer network and Plant Spartanburg continue to play in our sales success in the U.S.”
Built in the U.S., Sold in the U.S.
Plant Spartanburg in South Carolina built just over 60% of the BMW vehicles sold in the U.S. in 2022 and continues to be a main driver of the company’s success. Despite lingering production challenges, the plant achieved its second highest annual output last year while also adding the all-new BMW XM to its model lineup.
MINI Brand
MINI brand sales in the U.S. totaled 10,319 vehicles in the fourth quarter of 2022, an increase of 31.3% vs the 7,860 vehicles sold in the fourth quarter of 2021. For the full year 2022, MINI brand sales decreased slightly by 1.4% on total sales of 29,504 vehicles compared to the 29,930 vehicles sold in 2021.
Table 1: New Vehicle Sales BMW of North America, LLC, Q4 & Full Year 2022.
The sales reported in today’s figures are of BMW passenger cars and light trucks, as well as MINI passenger cars. Consistent with auto industry practice in the U.S., BMW of North America follows the U.S. Auto Industry Sales Release Schedule issued annually by Motor Intelligence for purposes of reporting sales of BMW passenger cars and light trucks and MINI passenger cars. As a result, the sales of BMW passenger cars and light trucks and MINI passenger cars reflected in today’s Q4 2022 report occurred between October 1, 2022 and January 3, 2023. The sales of BMW passenger cars and light trucks and MINI passenger cars reflected in the full year 2022 report occurred between January 5, 2022 and January 3, 2023.
BMW Group in the United States.
BMW of North America, LLC was established 50 years ago to support the sales, marketing and distribution of BMW automobiles and motorcycles in the U.S. In 1993 BMW Group Financial Services NA, LLC was founded, and one year later BMW Manufacturing Co., LLC began assembling vehicles in South Carolina. In 2002 and 2003, BMW Group established MINI USA, and Rolls-Royce Motor Cars NA, LLC relaunching two iconic brands and rounding out its product portfolio.
Today, the BMW Group has a nationwide corporate footprint in the U.S. which consists of nearly 30 locations in 12 different states. Beyond the National Sales Company and Financial Services headquarters in Woodcliff Lake, NJ, its manufacturing plant in Spartanburg, South Carolina, and numerous other operational facilities, BMW Group in the U.S. also includes Designworks, a strategic design consultancy in Santa Monica, CA, BMW Group Technology Office USA, a technology research and development center in Silicon Valley, and BMW i Ventures, a venture capital fund, also in Silicon Valley.
BMW Group Plant Spartanburg is the largest single BMW production facility in the world, and the global center of competence for BMW Sports Activity Vehicles including the X3, X4, X5, X6, X7, and XM. The plant assembles more than 1,500 vehicles each day, and up to 450,000 annually. Since 1994, Plant Spartanburg has assembled nearly 7 million BMW vehicles in the U.S.
The BMW Group sales organization in the U.S. is represented through a network of 350 BMW retailers, 147 BMW motorcycle retailers, 104 MINI passenger car dealers, and 38 Rolls-Royce Motor Car dealers. The company’s activities provide and support over 120,000 jobs across the U.S. and contribute more than 43.3 billion to the U.S. economy annually.
Journalist note: Information about BMW Group and its products in the USA is available to journalists on-line at www.bmwusanews.com, www.miniusanews.com and www.press.bmwna.com
BMW Brand
In the fourth quarter of 2022, BMW brand sales in the U.S. totaled 101,738 vehicles, a 9.4% increase from the 93,031 vehicles sold in the fourth quarter of 2021. For the full year 2022, BMW brand sales decreased slightly by 1.3% on total sales of 332,388 compared to the 336,644 vehicles sold in 2021.
BMW Electric Vehicle Sales
In March 2022, the fully electric BMW iX Sports Activity Vehicle and BMW i4 Gran Coupe began arriving at U.S. dealerships. In the nine months that followed, sales of the all-new electric vehicles increased steadily as inventory levels improved. A third fully electric model, the BMW i7 Sedan, went on sale in late November.
In the fourth quarter alone BMW sold 8,689 electric vehicles, surpassing the totals achieved in the previous three quarters combined. For the full year 2022, BMW sold 15,584 fully electric vehicles in the U.S., accounting for approximately 4.7% of total U.S. sales.
In addition to the fully electric BMW iX, BMW i4 and BMW i7, the company’s electrified lineup in the U.S. will expand when the plug-in hybrid electric BMW XM Sports Activity Vehicle arrives in showrooms this quarter. BMW already offers plug-in hybrid electric variants of some of its most popular models including the BMW X5 xDrive45e, BMW 330e and BMW 530e.
“With three fully electric BMW vehicles and several plug-in variants now available at U.S. dealerships, we are firmly on the road to electrification, offering our customers all of the performance, technology, luxury, and quality that BMW is known for – now also in an emissions free package,” said Sebastian Mackensen, President and CEO, BMW of North America. “At the same time, I’d like to recognize the pivotal role that our dealer network and Plant Spartanburg continue to play in our sales success in the U.S.”
Built in the U.S., Sold in the U.S.
Plant Spartanburg in South Carolina built just over 60% of the BMW vehicles sold in the U.S. in 2022 and continues to be a main driver of the company’s success. Despite lingering production challenges, the plant achieved its second highest annual output last year while also adding the all-new BMW XM to its model lineup.
MINI Brand
MINI brand sales in the U.S. totaled 10,319 vehicles in the fourth quarter of 2022, an increase of 31.3% vs the 7,860 vehicles sold in the fourth quarter of 2021. For the full year 2022, MINI brand sales decreased slightly by 1.4% on total sales of 29,504 vehicles compared to the 29,930 vehicles sold in 2021.
Table 1: New Vehicle Sales BMW of North America, LLC, Q4 & Full Year 2022.
| |
Q4 2022 |
Q4 2021 | % | TOT 2022 |
TOT 2021 |
% |
| BMW passenger cars | 40,396 | 38,981 | 3.6% | 124,373 | 156,804 | - 20.7% |
| BMW light trucks | 61,342 | 54,050 | 13.5% | 208,015 | 179,840 | 15.7% |
| TOTAL BMW | 101,738 | 93,031 | 9.4% | 332,388 | 336,644 | -1.3% |
| TOTAL MINI | 10,319 | 7,860 | 31.3% | 29,504 | 29,930 | -1.4% |
The sales reported in today’s figures are of BMW passenger cars and light trucks, as well as MINI passenger cars. Consistent with auto industry practice in the U.S., BMW of North America follows the U.S. Auto Industry Sales Release Schedule issued annually by Motor Intelligence for purposes of reporting sales of BMW passenger cars and light trucks and MINI passenger cars. As a result, the sales of BMW passenger cars and light trucks and MINI passenger cars reflected in today’s Q4 2022 report occurred between October 1, 2022 and January 3, 2023. The sales of BMW passenger cars and light trucks and MINI passenger cars reflected in the full year 2022 report occurred between January 5, 2022 and January 3, 2023.
BMW Group in the United States.
BMW of North America, LLC was established 50 years ago to support the sales, marketing and distribution of BMW automobiles and motorcycles in the U.S. In 1993 BMW Group Financial Services NA, LLC was founded, and one year later BMW Manufacturing Co., LLC began assembling vehicles in South Carolina. In 2002 and 2003, BMW Group established MINI USA, and Rolls-Royce Motor Cars NA, LLC relaunching two iconic brands and rounding out its product portfolio.
Today, the BMW Group has a nationwide corporate footprint in the U.S. which consists of nearly 30 locations in 12 different states. Beyond the National Sales Company and Financial Services headquarters in Woodcliff Lake, NJ, its manufacturing plant in Spartanburg, South Carolina, and numerous other operational facilities, BMW Group in the U.S. also includes Designworks, a strategic design consultancy in Santa Monica, CA, BMW Group Technology Office USA, a technology research and development center in Silicon Valley, and BMW i Ventures, a venture capital fund, also in Silicon Valley.
BMW Group Plant Spartanburg is the largest single BMW production facility in the world, and the global center of competence for BMW Sports Activity Vehicles including the X3, X4, X5, X6, X7, and XM. The plant assembles more than 1,500 vehicles each day, and up to 450,000 annually. Since 1994, Plant Spartanburg has assembled nearly 7 million BMW vehicles in the U.S.
The BMW Group sales organization in the U.S. is represented through a network of 350 BMW retailers, 147 BMW motorcycle retailers, 104 MINI passenger car dealers, and 38 Rolls-Royce Motor Car dealers. The company’s activities provide and support over 120,000 jobs across the U.S. and contribute more than 43.3 billion to the U.S. economy annually.
Journalist note: Information about BMW Group and its products in the USA is available to journalists on-line at www.bmwusanews.com, www.miniusanews.com and www.press.bmwna.com