In 2023 again, the BMW group experienced impressive growth in total net sales. The company generated total 155.5 billion Euros in total net sales of 9% higher compared to the prior year. Its total revenue from the automobiles segment remained 132.3 billion Euros or 7% higher compared to the prior year.
In 2022, BMW group enjoyed solid growth in its net sales. The company experienced a little above 28% growth in its net sales in 2022 compared to the prior year. Its total net sales remained €142,610 million in 2022 compared to €111,239 million in the prior year. BMW generated total €123,602 million in 2022 from automobile sales compared to €95,476 million in 2021.
Net Revenue of the BMW Group 2004-2022
| Year | Revenues (Millions) |
| 2023 | € 155,498 |
| 2022 | € 142,610 |
| 2021 | € 111,239 |
| 2020 | € 98,990 |
| 2019 | € 104,210 |
| 2018 | € 96,855 |
| 2017 | € 98,282 |
| 2016 | € 94,163 |
| 2015 | € 92,175 |
| 2014 | € 80,401 |
| 2013 | € 76,059 |
| 2012 | € 76,848 |
| 2011 | € 68,821 |
| 2010 | €60,477 |
| 2009 | €50,681 |
| 2008 | €53,197 |
| 2007 | €56,018 |
| 2006 | €48,999 |
| 2005 | €46,656 |
| 2004 | €44,335 |
In fiscal 2021, the net revenues of the BMW group increased 12.4% compared to the previous fiscal. The company generated €111. 24 billion in net revenues in 2021 compared to € 98.99 billion in the previous year.
BMW group Revenue 2020
Total Net Revenues of BMW group were €99 billion in 2020 compared to €104.2 billion in 2019. Year on Year net decline was of 5%. BMW’s revenues from automobile segment for 2020 were down 11.8% compared to the last year. The net revenue of BMW group from the automobile segment reached €80.85 billion in 2020 from €91.7 billion in 2019. The net revenue of the company from motorcycles segment was down 3.5% in 2020 compared to the previous year. Its revenue from motorcycle sales reached €2,284 million in 2020 compared to €2,368 million in 2019. Financial services segment generated net revenue of €30 billion in 2020 compared to €29.6 billion in 2019. Year on Year net growth in revenue from financial services was 1.5%. Total intersegment eliminations were equal to €14,194 million in 2020.
BMW Group Revenue 2019:
In 2019, the BMW group experienced impressive revenue growth compared to the prior year. Its total net revenue in 2019 reached € 104,210 million compared to € 96,855 million in 2018.
About BMW Group:
The BMW Group was founded on 7 March, 1916. the full form of BMW AG is ‘Bayerische Motoren Werke AG’. Today BMW is one of the leading manufacturers of premium cars and motorcycles. It owns four brands – BMW, MINI, Rolls-Royce and BMW Motorrad.
The BMW group has 31 production and assembly facilities in 15 countries and a global sales network. the number of employees working for the group in 2020 was 120,726. the company delivered more than 2.3 million (2,325,179 total) passenger vehicles during 2020 and sold more than 169,000 (169,272 total) motorcycles worldwide.
The net revenue of the company for 2020 was € 98,990 million, having declined. by 5% compared to the previous year. The group generated a net profit of 3.86 billion Euros in 2020, down 23% compared to the last year.
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