BMW : We expect better Q3 Autos performance on lower one-off costs
>Q3 deliveries up 6% y-o-y, -1% q-o-q; China holding up, BEVs momentum strong - BMW reported Q3 retail deliveries which came in at 621.7k units, +6% y-o-y, -1% q-o-q, broadly in line with expectations (VA css at 620k units), bringing YTD deliveries to 1.84m units, +5% y-o-y. By brand, BMW brand sales came in at 549.9k units, +6% YoY, MINI delivered 70.4k units, +3% y-o-y, Rolls-Royce reported 1.4k units, -9% y-o-y, while BMW Motorrad was at 52.0k units, +1% y-o-y, an...Bayerische Motoren Werke is a holding company, engaged in the development, manufacture and sale of cars and motorcycles. Co. owns three brands: BMW, MINI and Rolls-Royce. Co.'s BMW automobile range encompasses the 1 Series, including coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the 5 Series, including sedan and touring models; the 6 Series, including coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models. Co. also provides cars under the MINI brand and motorcycles under the BMW brand. The Rolls-Royce brand provides three cars, Phantom, Coupe and Ghost.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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