In the second quarter, the sales volume of cars of the BMW group fell by a quarter. Affected mainly the segment of auto premium
The loss of the German automaker BMW before taxes and other liabilities amounted to 666 million euros in the second quarter of 2020. On it informs Agency Reuters.
For comparison: in the second quarter of 2019, the company received an operating profit of 2.2 billion euros, reminds Agency.
In may this year the BMW warned on profits in the period April-June due to the introduction of quarantine measures in the main markets of car sales company.
Car sales company – BMW, Mini, Rolls-Royce – in the second quarter fell by 25% compared to the same period last year to 485 464 cars.
The most significant drop in demand recorded in the segment of premium cars, Reuters reports.
The guide also explains the loss of large investments in the production of Electromechanica BMW iX3. Presentation of the car took place on July 14. The new model will go on sale in mid-2021. His price is 70 000 euros.