BMW Q3 Results

Positive pricing and product mix effects brought about by the less pronounced drop in the sale of high-revenue models and a greater volume
of business with spare parts and accessories more than offset the impact of lower automobile sales overall. In particular, the positive situation
on pre-owned vehicle markets in the USA, the UK and Germany enabled
the BMW Group to continue achieving higher selling prices on lease
returns during the third quarter. Exchange rate factors also had a positive
impact on revenues.

 

Positive pricing factors and the
favourable trend in residual values on pre-owned automobile markets
more than offset the impact of lower sales volumes.

 

Higher selling prices being achieved by the Automotive segment and
an improved product mix also gave rise to a higher average financing
volume per vehicle in the Financial Services segment during the period
under report, partially offsetting the impact of the lower overall number
of new contracts signed