Taking a hit early on in the game can be saved with a perfect Hail Mary, and that is what we see in our latest Fast Financials. BMW bounces back in the final quarter of 2020 to offset Covid losses earlier in the year. Compared to Q4 of 2019, sales were only down by 2%, more than many automakers could pull off.
The real hit came early in the year, as the assembly plant in Spartanburg, South Carolina was closed to protect the workers. This caused the total 2020 deliveries to be down by 17.5%, with 278,732 cars compared to the 338,003 sold in 2019. Being able to get back in the saddle is tough for such a big brand, so we applaud them for continuing to build “The Ultimate Driving Machine”. Click the button below to find yours.
Image (C) BMW