BMW Group India records highest-ever first‑quarter sales as EV demand surges
BMW Group India posted its highest‑ever first‑quarter sales in 2026, with a 17 per cent year‑on‑year increase and a strong shift toward electric vehicles amid an oil crisis and rising fuel price expectations.
BMW Group India posted its highest‑ever first‑quarter sales in 2026, selling 4,567 cars between January and March, a 17 per cent year‑on‑year increase, according to newsable.asianetnews.com. The company is targeting sales of 20,000 units in India, reported by The Hindu.
Electric‑vehicle sales jumped 83 per cent, with 1,185 BMW and MINI EVs sold in just three months, according to newsable.asianetnews.com. West Asia tensions are fueling the record EV sales surge in India, reported by newsable.asianetnews.com.
There is an oil crisis and an increase in crude prices, reported by newsable.asianetnews.com. For the time being, the government is holding on to fuel prices, and after elections are over, the prices are going to go up, reported by newsable.asianetnews.com.
A lot of customers are apprehensive, and hence there is a shift toward electric vehicles, reported by newsable.asianetnews.com.
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