Due to chip shortages and sporadic lockdowns in China, Munich-based automaker BMW sold about a seventh fewer automobiles in the first half of 2022 than it did in the same period of 2021.
The company reported on Friday that 1.16 million BMWs, Minis, and Rolls-Royces were shipped between January and June. According to the German automaker, that was 13.3 percent less than in the first half of 2021, which was the company’s most successful sales quarter ever.
According to the report, sales dropped by about 20% in the second quarter.
According to the firm, sales of electric vehicles increased by 110 percent in the first half of the year to reach approximately 76,000 BMW and Mini vehicles.