BMW (BMW GY) Q4 sales 667.9k vehicles, -4.1% Y/Y. Strong performance in Europe, US and with electrified models

• Subdued China demand offset by other regions.

BMW's Q4 sales saw a decline of 4.1% year-on-year to 667.9k vehicles, primarily due to subdued demand in China, but this was offset by robust performances in Europe and the US, particularly in electrified models. This indicates a resilient demand in key markets, despite challenges in China, which could impact overall sentiment toward the auto sector and future guidance on production and inventory levels.