BMW said it saw a 8.4pc drop in vehicle sales in 2020 as the coronavirus outbreak took its toll and many retail outlets around the world were closed for months, Reuters reports.
However, customer demand picked up in the fourth quarter, rising 3.2 per cent year-on-year, BMW said on Tuesday.
“We succeeded in concluding the year with a strong fourth quarter and once again we lead the premium segment worldwide,” BMW board member Pieter Nota said in a statement.
In total, the Munich-headquartered company sold 2,324,809 vehicles last year. In Europe, 2020 sales were down 15.7pc and in the United States 18pc.
