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BMW Says Sales Drop 20% in Second Quarter Despite EV Surge

  • Deliveries fell 28% in China, hindered by Covid lockdowns
  • EV sales more than doubled in first half, on course for target
A BMW AG iX electric SUV.

A BMW AG iX electric SUV.

Photographer: SeongJoon Cho/Bloomberg
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BMW AG said sales declined nearly 20% in the second quarter even as electric-vehicle deliveries surged in the same period. 

The Munich-based carmaker said Friday its sales dropped to about 563,536 BMW, Mini and Rolls Royce vehicles, including a 28% decline in China. In Europe and the US, sales fell by about one-fifth.