Bayerische Motoren Werke Aktiengesellschaft operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bayerische Motoren Werke Aktiengesellschaft with three other
automobile manufacturers in Europe:
Stellantis NV
of ITALY
(2020
sales of 86.68 billion Euros [US$102.45 billion]
of which 70%
was NAFTA),
Exor Nv
of ITALY
(119.52 billion Euros [US$141.28 billion]
of which 73%
was FCA), and
Daimler AG
(154.31 billion Euros [US$182.40 billion]
of which 62%
was Mercedes -Benz Cars & Vans).
Sales Analysis.
During the second
quarter of 2021, sales at Bayerische Motoren Werke Aktiengesellschaft totalled
28.58 billion Euro.
This is
an increase of 43.1%
from the 19.97 billion Euro in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Bayerische Motoren Werke Aktiengesellschaft in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 55.36 billion Euro, which is
28.1% higher
than through the first two quarters of 2020.
Bayerische Motoren Werke Aktiengesellschaft reported sales of 98.99 billion Euro (US$117.01 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 5.0%
versus 2019, when the company's sales were 104.21 billion Euro.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Bayerische Motoren Werke Aktiengesellschaft had sales
of 92.18 billion Euro.
Contributing to the drop in overall sales was the 50.0% decline
in Other Entities, from 2.00 million Euro to 1.00 million Euro.
There were also decreases in sales in
Automobiles (down 7.5% to 68.11 billion Euro)
and
Motorcycles (down 3.4% to 2.29 billion Euro)
.
However, these declines were partially offset by the increase in sales of
Financial Services (up 1.3% to 28.59 billion Euro)
.