Luxury German Brands Dip in 2022
Make up for some lost sales in Q4 with help of electric push.
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Make up for some lost sales in Q4 with help of electric push.
Early figures show about 10% drop, but there was a late-year surge.
NADA report shows business weakest in years.
Small decrease balanced by higher sticker prices.
BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.
The luxury automaker credits strong factory-dealer communications as the reason dealers could sell into the pipeline.
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