BMW Group in 2022: less sales, still record profit

Doubling the number of EVs

BMW Group in 2022: less sales, still record profit

BMW Group shines a light on its operating results for 2022 and, despite a reduced number of deliveries, has reason to be very satisfied: net profit was almost 50 percent higher than in 2021, when the brand also wrote record figures. The number of deliveries of fully electric cars did increase. In fact, it doubled.

BMW Group looks back at 2022 on the basis of the operating results and pats itself on the back: the company is in good shape. Very good indeed, because it records an unprecedented net profit of more than €18.5 billion. That is just under 50 percent more than in 2021, when BMW also achieved a record result. The company does not owe the huge profit for 2022 to an increased number of sales, because it delivered fewer cars with 2,399,632 units than in 2021 (2,521,514 units).

Of all cars delivered, 9 percent were fully electric, a total of 215,752 units. BMW expects this share to increase to 15 percent by 2023. The 9 percent ‘electric sales’ in 2022 contributed to a fleet average per new car sold of 105 grams of CO2 per kilometer, compared to 115.9 grams in 2021. The brand wants to further reduce that value in the future by focusing on fuel cells and further electrification. For its development, it released more money in 2022 than in 2021. BMW spent more than 6.6 billion euros in 2022 through its research and developmentdepartment.

Despite the increased development costs, the shareholders of the BMW Group can rub their hands: the management board of the Germans proposes to pay a dividend of €8.50 per share, compared to €5 last year, which also saw record figures. wash 80.

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– Thanks for information from Autoweek.nl

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