We had expected a full-year number of almost 2.54m units, whereas the final number was 2.52m. The December number fell by 3.6% to 224k which explains this marginal difference. Based on our previous projection, we see the number increasing by 1% in 2020 to 2.56m which translates into an increase of 1.6% based on last year’s final number. This is clearly too optimistic.
10 Jan 2020
2019 car deliveries just short of our expectations
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2019 car deliveries just short of our expectations
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
10 Jan 2020 -
Author:
Hans-Peter Wodniok -
Pages:
2
We had expected a full-year number of almost 2.54m units, whereas the final number was 2.52m. The December number fell by 3.6% to 224k which explains this marginal difference. Based on our previous projection, we see the number increasing by 1% in 2020 to 2.56m which translates into an increase of 1.6% based on last year’s final number. This is clearly too optimistic.