BMW sales declined 13% in the first half of 2022

BMW sold almost a seventh fewer vehicles in the first half of this year compared with the same period in the last year largely due to chip shortages and lockdowns in China.

During January to June, 1.16 million BMWs, Mini and Rolls-Royces were delivered, the automaker said on Friday. This was 13.3% less than the first half of 2021, the strongest sales period in the automaker’s history.

Sales declined by almost 20% in the second quarter, it said.

Sales of electric cars increased 110% in the first half of the year to almost 76,000 BMWs and Mini-cars.

The automaker is evidently working on its way to more than double sales of fully electric vehicles by the end of 2022 as per the plan.