agent Entrepreneur logo
MenuMENU
SearchSEARCH

BMW Q1 Sales Rise 3.2%

The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.

April 12, 2022
BMW Q1 Sales Rise 3.2%

 

Credit:

Creative Commons

2 min to read


 

BMW reported an increase in deliveries last quarter amid unprecedented supply chain crisis.

The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.

Ad Loading...

The German automaker's first-quarter sales rose 3.2% to 73,714 vehicles as total U.S. luxury sales dipped 10% to 503,709 cars and light trucks.

 Mark Smith, president of Principle Auto in San Antonio, told Automotive News that BMW is "doing a tremendous job to get cars to us any which way they can."

The brand is taking a "we're not going to let it whip us attitude" to the industry's supply chain challenges, said Smith, who operates two BMW stores.

BMW had to pause production at German and other European plants after the Russian invasion of Ukraine suspended deliveries of wire harnesses, which are vital for vehicle electrical systems.

When BMW discovered this supply issue, Smith said, it told dealers: "We're going to miss some cars this month, but we've got supply chains in other parts of the world where we can make them."

Ad Loading...

BMW National Dealer Forum Chairman David Sloane told Automotive News that frequent communication between the factory and dealers has "made the difference."

He said management keeps dealers informed about near-term production outlooks and available inventory. This information, he reported, allows dealers to accurately inform customers when a vehicle will arrive and confidently sell into the pipeline.

"If we don't know far enough out what product is coming and when, it's much harder for us to presell those cars,” he noted.

Tightened inventories in the automotive industry have slowed sales growth across the industry.

LMC Automotive and J.D. Power forecast a U.S. light-vehicle sales total of 15.3 million, down from an earlier forecast of 15.9 million. Cox Automotive also lowered its 2022 forecast from 16 million to 15.3 million.

Ad Loading...

BMW, which has claimed the U.S. luxury sales crown for the past three years, has solidified its lead over its legacy brand rivals. But industry analysts suggest Tesla, which does not break out sales by market, has likely overtaken BMW in the luxury segment.

The Automotive News Research & Data Center estimates Tesla delivered 110,000 cars and crossovers in Q1, up 42% from 2021. This gives Tesla over one-fifth of all luxury segment sales in the quarter.

Meanwhile, Mercedes-Benz continues to lose ground because of production shortfalls due to tight semiconductor supplies. Its Q1 deliveries dropped 20% to 62,251.

Audi reported sales of 35,505 in the quarter, down 35% from 2021.

According to Cox Automotive data, as of March 21, BMW had a 30-day supply, compared with a 37-day pool for the overall luxury segment.

Originally posted on Auto Dealer Today

More Sales

A rear view of a red Hyundai Elantra
Salesby Hannah MitchellAugust 17, 2026

Used Lots Getting the Business

Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.

Read More →
Photo of man's hand holding a square blue piece with a yellow capital P on it, with other letter pieces below on a surface
Salesby Justin B. GasmanAugust 5, 2026

Two Kinds of Agents and the 5 Ps That Separate Them

Follow these key guidelines to distinguish your agency from competitors by adding more value to your dealer clients' businesses.

Read More →
Man climbing ladder in front of mountain landscape.
Salesby Lauren LawrenceAugust 3, 2026

Positive Equity Reaches Record High

Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.

Read More →
Ad Loading...
outside shot of two trucks in front of a body of water with a cloudy sky
Salesby Lauren LawrenceJuly 29, 2026

Used Market Stabilizes

The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.

Read More →
Photo of blue Toyota Prius parked next to a body of water with a city skyline behind it
Salesby Hannah MitchellJuly 24, 2026

July Auto Sales Simmer

Deliveries were up modestly from a year ago despite still-high prices as OEMs offered more incentives and loan rates eased somewhat.

Read More →
Photo of parked cars of various types for sale on a lot
Salesby Hannah MitchellJuly 20, 2026

Used Sales Hit Summer Drag

The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.

Read More →
Ad Loading...
Closeup photo of a new white car on a road from the driver's side
Salesby Hannah MitchellJune 26, 2026

June Automotive Boon?

A forecast for this month’s new-vehicle sales tells a familiar 2026 story: Year-over-year comparisons must be made in light of last year’s aberrations.

Read More →
split background green and blue. 2019 to 2025 with car going from starting location to end point. $37,310 and $48,402. Agent Entrepreneur logo
Industryby Lauren LawrenceJune 25, 2026

Affordable New Cars a Thing of the Past

More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.

Read More →
Hood of orange Tesla in front of sunrise
Salesby Lauren LawrenceJune 18, 2026

Legacy Automakers Risk Falling Behind

As legacy automakers, mostly in the U.S. and Japan, have revised their 2030 electric-vehicle sales targets and shifted to a hybrid focus, they risk falling behind new market leaders.

Read More →
Ad Loading...
Photo of man holding a car key
Salesby Hannah MitchellJune 17, 2026

New Cars a Tad More Affordable

May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.

Read More →
Ad Loading...