Germany’s luxury vehicle conglomerate BMW expects 2022 to be a big year for it in India. A senior official of the company said this.
Semiconductor in India in the first quarter of the current year (Semiconductor) Crunch, Ukraine War ,Ukraine War, and china (China) in covid-19 (Covid-19) The company has registered a growth of 25 per cent in the sales of four wheelers (cars) vehicles and 41 per cent in sales of two wheelers despite the challenges like the restrictions imposed due to the lockdown. BMW Group plans to launch 24 new vehicles in the Indian market this year. Of these, 19 vehicles will be introduced in the four wheeler segment. In May, BMW plans to bring the all-electric sedan i4. In addition, the group is in the process of launching five new motorcycles through its BMW Motorrad unit.
The January-March period of the current year has been one of its best quarters in India for the BMW Group. During the quarter, the company’s four wheeler sales increased by 25.3 per cent to 2,815 units.
BMW’s two-wheeler sales also increased
Sales of BMW series sedans and SUVs stood at 2,636 units and mini luxury compact cars at 179 units. The group’s two-wheeler sales grew 41.1 per cent to 1,518 units during this period.
BMW Group India President Vikram Pawah told PTI that the supply is a bit limited at present. He said that they could have sold more vehicles as they have around 2,500 orders for four wheelers and over 1,500 orders for motorcycles. In fact their sales could have doubled.
Asked about the outlook for the full year based on the performance of the first quarter, he said logistics and supply conditions around the world will determine how they perform. They have a good pipeline of orders. He said that if he can accomplish these, it will surely be a big year for him in India. He said that despite the challenges, his four-wheeler sales grew 25 percent in the first quarter and two-wheeler sales grew 41 percent. He further added that surely this year they can expect at least that much growth.
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