Business Weekly (Zimbabwe)

BMW M names best-selling model of 2023

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THE BMW M division hit record sales in 2023, with more than 200 000 units registered around the world. In 2023, the BMW M division registered as many as 202 530 units across its performanc­e portfolio globally. This represente­d a significan­t 14,3 percent increase over 2022’s effort and was the first time BMW M GmbH had breached the 200 000-unit mark. So, which model was the division’s strongest seller?

Well, the German group has announced that the BMW i4 M50 was again the best-selli ng M automobile (remember, the division is responsibl­e for both the M Performanc­e and full-fat M lineups) in 2023.

Unfortunat­ely, as was the case in the previous year, the company opted not to release an exact sales figure for the i40 M50.

Having earlier arrived as the brand’s first all- electric performanc­e model, the i4 M50 continued its successful course in its second full year of sales, once again taking the crown as BMW M GmbH’s top seller.

Last year also saw the global reveals of likewise battery- powered performanc­e models such as the i5 M60 xDrive (due in South Africa shortly) and the i7 M70 xDrive (not currently available in Mzansi).

“The financial year 2023 was characteri­sed both by our highly successful portfolio of highly emotional combustion engine vehicles and by our

ongoing electrific­ation offensive with two further all-electric performanc­e models and our first electrifie­d high-performanc­e car, the BMW XM,” said Franciscus van Meel, Chairman of the Board of Management of BMW M GmbH.

“Not least the ongoing success of the BMW i4 M50 confirms that we are on the right track to further advance the electrific­ation of our product portfolio and to combine sustaina

Coupé, M3 CS and XM made “decisive” contributi­ons to the division’s record sales. According to the company, the M3 (now including the SA-bound M3 Touring) was the “world’s best-selling high-performanc­e sports car” in 2023, “followed by the BMW M4 Coupé”.

The United States of America was once again the largest single market for BMW M GmbH automobile­s last year, followed by Germany and then the United Kingdom.

In 2024, the M division says it plans further “diversific­ation of the product portfolio”.

In addit i on to upcoming model revisions for the M3, M4 and M2, the new-generation M5 is “in the starting blocks” and set to be available as both a sedan and a wagon ( though BMW SA says the M5 Touring is “not for South Africa”). We can also expect a new M4 CS to debut this year. — IOL Motoring

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In addition, BMW M said the new M2
ble drive technologi­es with an emotionall­y powerful driving experience.” In addition, BMW M said the new M2

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