The loss before interest and tax in the second quarter was 666 million euros, much higher than the market forecast of 46,543.8+0.99 billion euros; Revenue in the second quarter decreased from 25.72 billion euros to 654.38+0.99 billion euros.
Affected by this news, the share price of BMW Group fell by more than 4.4%. However, even so, BMW is still optimistic about this year's performance and said that it will achieve profitability this year.
A spokesman for the BMW Group said that the main reason for the performance loss was the impact of the epidemic. Due to the epidemic, dealers closed down and factories stopped production, BMW Group's production and sales fell sharply in the first half of the year.
In the first half of this year, BMW Group sold 962,572 new cars (including BMW, MINI and Rolls-Royce) worldwide, down 23% year-on-year. However, electric vehicles performed well, achieving a year-on-year growth of 3.4%, with a total sales volume of 665,438+0,652 vehicles.
In the second quarter, BMW sold 48,200 vehicles in the German market, a decrease of 46%. The US market was 56,200 vehicles, down nearly 40%.
But to the satisfaction of BMW Group, in China, the largest market, the sales volume of BMW was 2,654,380+0.26 million, up by 65,438+07% year-on-year, far exceeding the performance of other markets. However, even so, the pulling effect of China market is limited, and BMW has not escaped losses.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.