BMW’s BEV Sales Grew By 118.8% Year-On-Year In Singapore
YTD September 2024 figures also looked healthy for BMW M and MINI segments.
BMW Group Asia has upheld its status as the leading premium automotive brand in Singapore, driven by an impressive 118.8% year-on-year growth in BMW Battery Electric Vehicle (BEV) sales during the first nine months of 2024.
“We have been leading the charge in Singapore’s mission for sustainable motoring since we introduced the BMW i3 and BMW i8 in Singapore in 2014,” said Lars Nielsen, Managing Director, BMW Group Asia. “10 years later, we continue to be a driving force with a fast-growing customer base and a strong portfolio of 14 BEVs across BMW and MINI, and varying body types and performance levels.
“I am proud that this growth has strengthened our goal of delivering the power of choice when it comes to various drivetrain options. We are confident in finishing the year on a strong note with our latest range of BEV and ICE vehicles and to carry this momentum into 2025!” added Nielsen.
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In Singapore, YTD September 2024 growth figures for BMW was +43.5%. BMW M machines posted a 41.9% increase, while MINI cars recorded an improvement of 14.4%.
Singapore is a key BMW Group Asia market
In August 2024, BMW Group Asia welcomed Jochen Goller, Member of the Board of Management of BMW AG Customer, Brands, Sales, marking him as the second board member to visit Singapore in two years. His visit highlighted Singapore’s key role as a strategic center for BMW Group Asia and its regional importer markets. During his stay, Mr. Goller met with local BMW dealers, regional importers, customers and media and explored the new Retail.Next showrooms.
MINI family, maximum ambitions
The new MINI family launched in Singapore, featuring the latest generation MINI Cooper and Countryman in petrol and electric versions. Singapore’s MINI lineup grew further with the introduction of the MINI Aceman and MINI Cooper 5 Door, both of which will expand to additional markets in the coming months.
Brand-new retail/service concepts in Singapore
- Performance Motors BMW Showroom at 303 Alexandra Road, opened in September 2024.
- Eurokars Auto BMW Showroom at 29 Leng Kee Road, opened in October 2024.
- Eurokars Habitat MINI Showroom at 27 Leng Kee Road, opened in October 2024.
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