A total of 107,555 BMW motorcycles and scooters were delivered to customers in the period January to June 2022, down slightly (-0.1%) on the 107,610 units sold in the first half of 2021. Q2 saw 60,152 units delivered, -7.5% down compared to 65,018 units in Q2, 2021.
For H1, 2022 revenues were up slightly at € 1,663m (+2.6%), with Q2 accounting for greater than half of that at € 864m (-0.5% compared to Q2, 2021).
Motorcycle segment EBIT for H1, 2022 totalled € 235m, which was -17.3% compared to the same period of 2021; with an EBIT margin of 14.1% (HY1 2021: 17.5%; Q2 2022: 14.7%; Q2 2021: 17.2%).
Speaking in corporate terms, the BMW Group says that it expects the current "high volatility to continue" through H2 - "we expect business conditions to remain difficult. The ongoing supply bottlenecks, particularly for semiconductors, the war in Ukraine and interruptions in supply chains have led to a decline in deliveries".
Also primarily addressing its automotive markets, BMW says that "the percentage of electrified vehicles should still increase significantly, and sales of fully electric vehicles are expected to more than double".
As an indicator of the transport market's 'direction of travel' it is interesting to note that this amounted to 75,890 fully electric vehicles of all kinds in the first six months of 2022 and that electrified vehicles’ share of total deliveries (which includes hybrids) rose to 15.9% from 11.4% in the first half of 2021.
