BMW's first-quarter results continue to be affected by the first-time consolidation of BMW Brilliance Automotive (BBA), the Chinese joint venture, from 11 February 2022; i.e. BBA was fully included in the Q1-2023 results but only for about half of the Q1-2022 period. This was the main factor in the 18.3% rise in group revenue, though robust pricing and a richer sales mix also contributed.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?