AM Online

BMW prepared to relinquish sales crown to German competitors - CEO

BMW may surrender its market leading sales position in Europe to its German premium competitors, its chief executive Norbert Reithofer has admitted.

"We would like to remain the leading premium automaker, also in terms of volume," Reithofer told journalists today at the company's annual results conference in Munich, reports Automotive News Europe.

Audi, he said, is competing with the A1 in a segment BMW is unable to compete in, threatening BMW's number one position.

But if BMW Group included Mini sales the title of being the biggest selling premium automaker will be retained, Reithofer said.

"There are always internal discussions about volume, these tend to end with the conclusion that we cannot surrender market share, but only if you have a good margin contribution. Volume is not everything and maintaining the same level of growth is not everything," Reithofer said.

Audi and Mercedes both aim to overtake BMW in sales by the end of the decade and have been closing the gap in Europe. Audi outsold BMW’s main brand in the first two months of 2015 in Europe, while Mercedes posted the fastest growth rate of the three German luxury-car producers in the period.

In Europe, Audi sales are at 104,078 units YTD, up 1.5% on last year; BMW 99,972 (10%) and Mercedes 97,478 (13.3%).

In the UK, Audi's market share since 2012 has been over 6%.

BMW's topped 6.24% in 2012, fellow below 6% in 2013 before reaching 6.01% last year.

Year-to-date BMW is at 5.42%, Audi, 6.52% and Mercedes-Benz 5.66%. The latter's has grown continuously since 2007.

UK comparative market shares BMW (green), Audi (black), Mercedes (red) 2001 - YTD, Source: AMi/SMMT

 

Click here for manufacturer best practice and procurement insight

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest


Login  /  Register

Comments

  • Paul C - 20/03/2015 13:02

    "But if BMW Group included Mini sales the title of being the biggest selling premium automaker will be retained, Reithofer said." In that case Audi should include VW, Seat and Skoda.

    Reply as guest

    Login  /  Register
    • David - 22/03/2015 19:10

      @Paul C - mini is a premium brand, with a premium pice, you cannot say the same for Seat and Skoda. Even Vw's good as they are, do not get classified as a Premium brand

      Reply as guest

      Login  /  Register
  • Millsey - 20/03/2015 13:34

    what the hell is a "marketing leading sales position"...?!

    Reply as guest

    Login  /  Register
    • Paul C - 20/03/2015 13:44

      @Millsey - I suspect that is just a typo; market leading sales positon is a verbose way of saying BMW sell more than the other premium brands.

      Reply as guest

      Login  /  Register