BMW of North America Reports Q4 2024 U.S. Sales Results

BMW of North America has reported Q4 2024 and full year 2024 sales results for the BMW and MINI brands in the U.S.

BMW Brand.

In the fourth quarter of 2024, BMW sales in the U.S. totaled 117,506 vehicles, an 8.9% increase from the 107,881 vehicles sold in the fourth quarter of 2023. For the full year 2024, BMW sales increased by 2.5% to total sales of 371,346 vehicles compared to the 362,244 vehicles sold in 2023. This represents the second consecutive year that BMW has set a new sales record in the U.S. 

BMW Battery Electric Vehicle Sales. 

With four fully electric BEV models in market from the start of the year, BMW set a new annual record for electric vehicle sales in the U.S., surpassing 50,000 units for the first time. In the fourth quarter of 2024, BEV sales in the U.S. totaled 13,876 vehicles, a 3.5% decrease from the 14,374 BEVs sold in the fourth quarter of 2023. For the full year 2024, BMW BEV sales increased by 12.3% to total sales of 50,981 vehicles compared to the 45,417 BEV vehicles sold in 2024.

The company sold an additional 19,398 plug-in hybrid electric vehicles in 2024, bringing the total number of electrified vehicles sold in 2024 to 70,379, or 19% of total sales.

Table 1: BMW Battery Electric Vehicle Sales Q4 & Full Year 2024.

Q4 2024 Q4 2023 % YTD 2024 YTD 2023 %
i4 5,737 5,402 6.2% 23,403 22,583 3.6%
i5 2,987 2,133 40% 8,763 2,133 310.8%
i7 938 1,565 -40.1% 3,431 3,400 0.9%
iX 4,214 5,274 -20.1 15,383 17,301 -11.1%
TOTAL BEV  13,876 14,374 -3.5% 50,981 45,417 12.3%

 

 

“This is a fantastic result, which is a direct reflection of the BMW brand’s strength and superior product line-up. U.S. customers really love our ‘Ultimate Driving Machines’ — regardless of drivetrain — which fueled sales growth of both ICE and BEV vehicles,” said Sebastian Mackensen, President & CEO, BMW of North America. “But I would also like to thank and congratulate our own team, and the entire dealer network, for achieving these new milestones. Together, we have established a collaborative spirit and a very focused dedication to our brand, as well as a clear commitment to excellence in customer service. We are looking forward to a strong 2025 as we celebrate our 50th year in the U.S.”

MINI Brand.  

MINI sales were impacted throughout the year by a planned model changeover as the brand began the launch of a completely new product portfolio including a full range of all-new MINI Countryman and Cooper S models.

MINI brand sales in the U.S. totaled 8,748 vehicles in the fourth quarter of 2024, a decrease of 18% vs the 10,728 vehicles sold in the fourth quarter of 2023.  For the full year 2024, MINI brand sales decreased by 21.5% to total sales of 26,299 vehicles compared to the 33,497 vehicles sold in 2023.

Table 2: New Vehicle Sales BMW of North America, LLC, Q4 & Full Year 2024. 

Q4 2024 Q4 2023 % YTD 2024 YTD 2023 %
BMW passenger cars 51,263 45,395 12.9% 163,752 158,473 3.3%
BMW light trucks 66,243 62,486 6% 207,594 203,771 1.9%
TOTAL BMW 117,506 107,881 8.9% 371,346 362,244 2.5%
 
TOTAL MINI 8,748 10,728 -18% 26,299 33,497 -21.5%

 

The sales reported in these figures are of BMW passenger cars and light trucks, as well as MINI passenger cars.  Consistent with auto industry practice in the U.S., BMW of North America follows the U.S. Auto Industry Sales Release Schedule issued annually by Motor Intelligence for purposes of reporting sales of BMW passenger cars and light trucks and MINI passenger cars.  As a result, the sales of BMW passenger cars and light trucks and MINI passenger cars reflected in today’s Q4 2024 report occurred between October 1, 2024, and January 2, 2025. The sales of BMW passenger cars and light trucks and MINI passenger cars reflected in the full year 2024 report occurred between January 3, 2024 and January 2, 2025.

Written by the BMW Group.