BMW's global sales fall after sales crash in China

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The Electric Viking

The Electric Viking

Күн бұрын

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@electricviking
@electricviking 2 ай бұрын
The best solar company in Australia just installed my new solar system. Check them out here: www.resinc.com.au/electricviking
@EKrishna-v9c
@EKrishna-v9c 2 ай бұрын
I was just in China for two weeks, nearly every taxi was an EV, we caught 2-3 most days. About two were Hybrids, that’s one per week. Even EV Vans / MPV’s everywhere, electric mopeds ( can’t hear them creeping behind you on the footpath anymore). It was such a dramatic change from pre-covid days, can longer look at the sun during the day like we used to due to blue skies and no smog😂
@thiagoribeiro021
@thiagoribeiro021 2 ай бұрын
because gov is forcing people to buy EVs not because people are buying at their will, the rest of you comment is a lie, majority of there energy source is from coal that means these cars are running in coal not to mention the huge nature destruction caused by mining and processing mining materials.. this viking is no viking at all the lue of this channel starts already on this guy's nickname
@Harrybollox
@Harrybollox 2 ай бұрын
I have no sympathy for bmw who are gouging Australian customers with prices 50 percent higher than before the pandemic
@Anthony-z5i
@Anthony-z5i 2 ай бұрын
It’s not just them though. So many companies are dumping unwanted cars here in Australia for prices way way higher than elsewhere in the world. We have no car industry ourselves so they are all basically doing to us what Woolworths and Coles have been doing for basically forever. Shafting us to recover some of their losses elsewhere.
@Harrybollox
@Harrybollox 2 ай бұрын
@@Anthony-z5i so true and then the government shafts us on top of that. It’s like the government is complicit in a mass fraud that the wto prohibits but does not enforce
@tysonfinn1470
@tysonfinn1470 2 ай бұрын
I couldn't care if they have a 1500km range hydrogen car. I'm not goin back to the service station again
@kenw.4539
@kenw.4539 2 ай бұрын
Just service your solar panels with a wash cloth if you buy a BEV so you can drive mostly for free. Don't forget the Tesla Powerwalls or Samsung home batteries.
@vestasharp6861
@vestasharp6861 2 ай бұрын
What did they expect when they made people pay a monthly subscription for heated seats, suspensions, heated steering wheel, cruise control, etc.
@ISuperTed
@ISuperTed 2 ай бұрын
I heard they are now working on an alternative fuel car based on male cow waste, though it may be Bullshit.
@shawndonadieu4084
@shawndonadieu4084 2 ай бұрын
nice one XD
@uncles2000
@uncles2000 2 ай бұрын
Ba dum da dum…ching
@deansmith4752
@deansmith4752 2 ай бұрын
Chinese people are flocking towards BYD and the EV evolution, my wife went to the Suzhou Auto Show a few weeks ago and saw Ford, Mercedes, Lotus, Audi ... having NO EV opening while there was intense interest around the EV brands - where a BYD offered free power installation and free annual battery replacement. Notwithstanding that EV's started from £8000 with BYD at £15,000 and Mercedes as £35,000
@toriwatson9655
@toriwatson9655 2 ай бұрын
And what happens if China hits European cars with high tariffs as a response to the EU Chinese tariffs? And how on earth did Toyota con BMW into joining the hydrogen money pit?
@castletown999
@castletown999 2 ай бұрын
Just back from France. I noticed an interesting marketing trick: They were advertising their cars as "Fully Hybrid". They think their customers are stupid.
@bobwallace9753
@bobwallace9753 2 ай бұрын
Desperate times require desperate measures. The question for me is whether car companies are pushing hybrids as a way to stay afloat while they develop good EVs or whether they are producing hybrids as their "Going out of Business" merchandise as we see some stores do.
@castletown999
@castletown999 2 ай бұрын
@@bobwallace9753 As you say it's desperation I think. But I do believe that customers eat them up because it is a way to postpone the psychologically difficult leap to a BEV. Trouble is, the planet can't wait. I understand the EU is about to remove incentives from hybrids, so that might help.
@bobwallace9753
@bobwallace9753 2 ай бұрын
@@castletown999 I suspect it's more passive on the part of buyers. Buyers are being told BS about EVs. They catch on fire all the time. They need expensive battery replacements. You can't take long trips with EVs. At the same time, billions are being spent to praise the wonderfulness of hybrids. I haven't seen the numbers, but I think if US emission/fuel efficiency regs stay unchanged hybrids won't be enough to keep fleet averages in compliance for Ford, GM, etc. Hybrids are letting them squeak through now, but not for long. They are either going to have to sell more EVs or a lot fewer large ICE vehicles.
@RR_reunificationRights
@RR_reunificationRights 2 ай бұрын
they should buy byd tech DM-i as toyota did
@oggyoggy1299
@oggyoggy1299 2 ай бұрын
Haha! That’s hilarious. Like saying, “fully 50% fruit juice”.
@galaxiedance3135
@galaxiedance3135 2 ай бұрын
AMAZING.. Hydrogen. A Tesla owner could throw solar panels up in their backyard and charge their vehicle. They can't just throw something up so simple and fill their hydrogen vehicle. Living in DENIAL is going to destroy those companies !!
@brendanpells912
@brendanpells912 2 ай бұрын
@@galaxiedance3135 You mean, a wealthy Tesla owner can charge their car at home using their own solar panels. They can also wear a brown shirt and armband as a symbol of their allegiance to Musk.
@stevenpreston5619
@stevenpreston5619 2 ай бұрын
Thank you China for producing affordable cars for us ordinary citizens 😂
@zes7215
@zes7215 2 ай бұрын
wr
@danielb7253
@danielb7253 2 ай бұрын
Every 4=5 yrs u need to buy a new one unlike gas cars
@ctuna2011
@ctuna2011 2 ай бұрын
Along with every other Major Euro and American OEM I would think.
@oggyoggy1299
@oggyoggy1299 2 ай бұрын
Hydrogen!?!? That’s mental. That’s like self-harm/suicide.
@maynotbe
@maynotbe 2 ай бұрын
not hydrogen, it's "mr. fusion" from back to the future movie.
@ПИЦКВлад
@ПИЦКВлад 2 ай бұрын
❤❤❤Thanks Sam, cobber. Hopes everything goes well with Shannan and the rest of your family. You are doing a great job reporting👍👍🙏🙏🌹🌹🌹
@kennyego9264
@kennyego9264 2 ай бұрын
The era when European car manufacturers, particularly the German brands, dominated the market is coming to an end. They were slow to adopt electric vehicle (EV) technology, while China recognised the shift early on and now leads the EV market. It’s only now that European and American automakers are realising their mistake in underestimating China's capabilities. We’re seeing a similar trend in the technology sector. BMW and Mercedes-Benz attempted to establish themselves as manufacturing giants in China, aiming to take advantage of its vast market. However, they’ve largely fallen short. On top of that, when you buy a BMW or Mercedes-Benz in Western markets, including Australia, you’re charged extra for features that are standard in Chinese EVs. Tesla has even started to follow this misguided approach set by the European manufacturers. Among the German carmakers, Mercedes-Benz stands out for all the wrong reasons. While their designs may be attractive, the quality beneath the surface is lacking, and their customer service is often poor. In my view, European manufacturers are now too far behind to catch up with the rapid advancements made by Chinese EV companies. Only time will tell.
@GallAnonim-jx2cz
@GallAnonim-jx2cz 2 ай бұрын
Chinese buy LONG RANGE PHEVs and not EV !!!!!!!!!!!!!!!! Best selling Li auto, Aito, Lynk, etc all are long range PHEVs. Stop brainwashing people that EVs are only options.
@deepseer
@deepseer 2 ай бұрын
@@GallAnonim-jx2cz Chinese buy both PHEV and BEV. Best selling models are not among what you listed. Top sellers in China in September were: 1. Tesla Model Y (it peaks every 3 months and September is the peak month) 2. BYD Seagull --- small BEV 3. BYD Qin L --- mid-range sub-compact PHEV 4. BYD Seal 06 --- cousin of BYD Qin L 5. Nissan Sylphy --- ICEV 6. Wuling Hongguagn Mini EV --- mini EV 7. VW Lavida --- ICEV 8. BYD Yuan Plus / Atto 3 --- sub-compact BEV 9. BYD Song Plus DM --- sub-compact PHEV 10. Li Auto L6 --- mid-size PHEV
@mahmoudghoneim8004
@mahmoudghoneim8004 2 ай бұрын
You must consider sense of nationalism behind the support of Chinese to their national manufacturers, it wasn't there with ICE vehicles simply because there wasn't a national offering available to compete or feed the need however with EV's that alternative is now available and the more the West will put pressures on Chinese products that sense of support to local brands will increase.
@sunnytneoh3126
@sunnytneoh3126 2 ай бұрын
Why does the West continue in denial ; disregarding the law of physics or comonsense?
@kongwee1978
@kongwee1978 2 ай бұрын
With nationalism the Chinese can be better EV for themselves. Plus PRC don't favor any brand and no monopoly.
@jasonmugridge
@jasonmugridge 2 ай бұрын
The Chinese consumer was less likely to buy a Chinese car than us in the west. However western companies changed this by treating the Chinese consumers so badly, for example VW kept selling them the Santana for almost 40 years, so understandably they got a little board to put it mildly.
@richardlee3971
@richardlee3971 2 ай бұрын
chinese great the German auto company much better than the local brand, but finally Chinese are not stupid, so gradually the overseas brands start to lose their glamour, for example, the air suspension is normally provided in the car which is normally more than 1 million rmb, now, it is equipped in the down to 300k RMB by local brand, if you were Chinese consumers, which one will you select, BTW, the electeonic parts of german brand are very shabby
@侯嘉琪-t8s
@侯嘉琪-t8s 2 ай бұрын
拜托了,中國新能源車真的是好用啊,什麼叫民族精神,那也是關係到錢了。全部智能化,又聲控,又有電吸門,又有冰箱,又按摩椅,又大型電視,價錢又很低。😂😂不買的人是白癡啊。
@mikewise992
@mikewise992 2 ай бұрын
Thanks!
@electricviking
@electricviking 2 ай бұрын
Thanks Mate!
@robocop581
@robocop581 2 ай бұрын
I see a lot of BMW EVs in HK, particularly in my condo building. BMW and Mercedes have a firm grip on luxury EVs in HK as the Mainland China EV companies have not yet entered the market. It's only a matter of time as Chinese EVs like BYD, Xpeng, AION, MG, Maxus, Zeekr, Ora have started rolling in their MPV, SUV and sedans. Toyota especially is getting killed in the MPV market as their petrol heavy VellFire and Alphards are priced higher than the Mainland MPVs
@hclau218
@hclau218 2 ай бұрын
The Europeans actually think it is a good idea to keep kicking its biggest customer in the Shin, on behalf of the Americans. Oh, come to think of it, Morrison of Australia thought so too.
@Shd_dee
@Shd_dee 2 ай бұрын
China’s EV market is moving at an insane pace, almost like buying a smartphone with frequent new releases. But when it comes to RV & spare parts, concerns remain.
@larryc1616
@larryc1616 2 ай бұрын
💀Legacy auto 💀 Kodak! Nokia! Blockbuster!
@AdiSuffian
@AdiSuffian 2 ай бұрын
Nortel left the chat
@petersimms4982
@petersimms4982 2 ай бұрын
To be fair , that fancy bmw building would benefit from a BYD logo on it 😂😂😂
@peterdenham9510
@peterdenham9510 2 ай бұрын
Great Channel IMO BMW is best in class of "Greedflation" since 2021
@mikeklein4949
@mikeklein4949 2 ай бұрын
Carbon is darkening BMW's future, almost every carbon car business.
@GallAnonim-jx2cz
@GallAnonim-jx2cz 2 ай бұрын
Chinese buy LONG RANGE PHEVs and not EV !!!!!!!!!!!!!!!! Best selling Li auto, Aito, Lynk, etc all are long range PHEVs. Stop brainwashing people that EVs are only options.
@wentjen
@wentjen 2 ай бұрын
In Singapore BYD is already taking over BMW as no 1 top sales car (ev or non ev). In Indonesia BYD is no 1 top sales car (ev).
@pbrigham
@pbrigham 2 ай бұрын
The "valley of death" is finally approaching fast, who has money, buys an EV, who don't, hangs on as much as they can with theirs old gasoline car until they can buy one. The result is the complete collapse of sales of new gasoline cars. Obvious only a lunatic will put 30k or 40k on a new gasoline car that basically will be Worthing close to nothing in a 5 years time.
@sirtng
@sirtng 2 ай бұрын
And yet used combustion engine vehicle resale value is higher than electric cars, the early adopters have all bought there electric cars and the broader market isn’t convinced, until electric cars at minimum reach price parity with the equivalent combustion engine cars there will be a ceiling on sales
@brettreaby
@brettreaby 2 ай бұрын
What a clueless comment.
@pbrigham
@pbrigham 2 ай бұрын
@@brettreaby Buying a Car was already the most depreciating asset you could acquire, with electrification that puts a Gasoline car depreciating in steroids, Just look a Norway, how much you think people are getting from a gasoline car that they just bought new five years ago? some countries will transit faster than others but the disruption is real and inevitable.For legacy automakers to make a profitable EV was difficult enough. but the last nail in the coffin is the thousand of dollars in lost revenue on maintenance and labor costs they will lose for each EV they sell. A electric car needs basically tires and breaks as maintenance, thats it. The writing is on the wall, legacy automakers will be a shadow of the companies they are now.
@uncles2000
@uncles2000 2 ай бұрын
The adoption of EV is incredibly market dependent. Your assumptions are based on a specific demographic, based on a location, lifestyle, ideology and government subsidies. Not to mention infrastructure limitations and cost to upgrade. You’ve singled out a specific demographic to make your point. Currently EV works well for a certain demographic user, without major lifestyle changes. What works in the Netherlands doesn’t work in all of the United States or China or Brazil and so on. There is always going to be ICE vehicles until the battery tech changes to allow faster charging, with larger capacities all while reducing the weight. If ones lifestyle, location and access to charging infrastructure is conducive to EV, then its a great alternative, assuming the costs compared favorable to alternative technologies. Since automobile manufacturers cannot continue to loose money forever and government subsidies to the consumer and manufacturers cannot continue forever the manufactures are going to have to decided, worldwide, what is the future for their largest markets. Currently EV is not that long term answer. Hybrid and mild hybrid are. This is not to say EV is going away. It’s not. But it will be scaled back to the markets that it makes the most sense for. As far as cheap Chinese imports go. No country with a large domestic automobile manufacturing market is going to allow these to come in without heavy regulation and tariffs. Sorry to burst the bubble on that, but politics will trump (you see what I did there) all other concerns. You can’t legislate EV without infrastructure and job losses without suffering at the ballot box. Also, I am a EV, as well as ICE and mild hybrid. I am not bias, just real. Without the US and major EU markets (not the Netherlands) adopting the majority of its purchases to EV, EV will always be relegated to a small market % of total sales. The US will be the hardest market to convert due to its varied demographics, geography size, politics and domestic manufacturing base.
@pbrigham
@pbrigham 2 ай бұрын
@@uncles2000 The US will be hardest market to convert? :) Thats why they taxed Chinese EVs 100% ? because they are hard to convert ? is a complete contradiction. EVs will be the future and the major adoption vehicle because they will be cheaper than ICE, is that simple.
@nk-gp1ml
@nk-gp1ml 2 ай бұрын
The sanction war between the EU and China and the disastrous effect of the Ukraine war on manufacturing costs in Germany are important reasons for this. If the US significantly increases trade sanctions against China, Tesla sales will quickly collapse in that market as well.
@frankcoffey
@frankcoffey 2 ай бұрын
Tesla makes the cars in China, they are not imported from the US.
@andyhughes1776
@andyhughes1776 2 ай бұрын
The German economy itself is de-industrializing thanks to US forced sanctions on Russian energy. As a result, Germany cannot produce products at competitive prices due to high energy costs. Not only BMW but all German made products is suffering right now And low sales in China just adds to Germany's collapse.
@serpserpserp
@serpserpserp 2 ай бұрын
They make BMW's in China for China tho. It is literally the place where they build the most BMW's.....
@frankcoffey
@frankcoffey 2 ай бұрын
BMW will have a hydrogen car in 2028 so that will save them right? LOL 🤣
@thyristo
@thyristo 2 ай бұрын
Don't forget about e-fuel! 🤣🤣🤣
@wenbo595
@wenbo595 2 ай бұрын
Methane or ammonia car.
@maynotbe
@maynotbe 2 ай бұрын
Mr. fusion from Doc. Brown's flying Delorean
@robertwang7825
@robertwang7825 2 ай бұрын
Who is building the infrastructure lol. Def not China or US
@robertwang7825
@robertwang7825 2 ай бұрын
They have already offered deep discounts on their new cars and still not selling. As have almost every ICE brand. The used car mkt is even worse, the depreciation on a 2-3 yr ICE car is 40-60%. Who wld by ICE cars , they devalue so fast. You lose 70% in a few yrs
@ahpong
@ahpong 2 ай бұрын
The BMW 520d G60 is selling in Thailand for 3,770,000 Baht or $168,300 AUD!! And you still need to go to gas station. Then every 10,000km you are required to refill the AdBlue or you won't be able to start the engine. 😢 It's price gouging and maintenance so demanding. Then you check BMW EV prices. Price gouging again!! For a range/0-100%charge less than even the Deepal L07 (480km) can do. Yet BMW EV prices are like 2X the Tesla M3 here in Thailand!!
@MatthewKanwisher
@MatthewKanwisher 2 ай бұрын
Thailand has 100% import tarrifs on imported cars, it’s not bmws fault the car is so expensive in Thailand
@tomlibero3780
@tomlibero3780 2 ай бұрын
So why Tesla is two times cheaper - is the Thailand manufacturer?😂
@MatthewKanwisher
@MatthewKanwisher 2 ай бұрын
@@tomlibero3780 ​​⁠cause Thailand stupidly made a deal where Chinese cars don’t have import tariffs, so lots of BYD and MG cars everywhere . Tesla also imports here via China
@mytubeview
@mytubeview 2 ай бұрын
I drove a BMW EV during my last holiday and it is great. Better then BYD i drove before.
@costiqueR
@costiqueR 2 ай бұрын
Yep, I just remembered how, 4 years ago, BMW announced putting hundreds of millions into developing a new ICE generation... so...
@henrycarlson7514
@henrycarlson7514 2 ай бұрын
Interesting , Thank You Still no desire to buy Ev.
@simon-c2y
@simon-c2y 2 ай бұрын
To be fair German auto manufacturers did worry about this when others have been keen on anti Chinese tarrifs in their home markets. Mind you, I think Chinese BMW sales would still collapse in China regardless.
@talpolano4549
@talpolano4549 2 ай бұрын
Goodbye NOKIAs! 3:)
@iainsear7830
@iainsear7830 2 ай бұрын
I like the BMW look, and the EVs are good quality inside with long range. Bit pricey but Id rather stretch for a premium car over a mass market... but BMW and Merc are going to be Slaughtered in China, of course if the EU is sanctioning China, proud Chinese people will be put off German cars, plus they arent as high tech as locally produced cars, they are 3-4 years tech wise behind. Is it fixable? Maybe as they really do make nice cars.
@larryc1616
@larryc1616 2 ай бұрын
ICE tech is totally different than EV tech. Legacy auto has no EV infrastructure nor IP Europe makes good ICE but bad EV's China makes bad ICE but good EV's
@ZgO_o
@ZgO_o 2 ай бұрын
Most important thing in EV Battery and Software which China dominate both in quality and in price, only real competitor is Tesla but only in software even Tesla uses Chinese betteries cuz they are cheaper and more advanced but the biggest problem of them all in their way of success is E.U policy of always asking how high whenever U.S says jump.
@blackstone3469
@blackstone3469 2 ай бұрын
Over production of a big snowballsystem! This is the end!
@galaxiedance3135
@galaxiedance3135 2 ай бұрын
3:05 ONTARIO... I thought that I recognized the place.... I mean the weather :)
@ahpong
@ahpong 2 ай бұрын
😂
@gmatthews7632
@gmatthews7632 2 ай бұрын
Yeah they grew EV sales but lose money on each EV sold!
@Batman-m8r
@Batman-m8r 2 ай бұрын
I’m afraid you’re right about BMW.
@ILIVEAGOODLIFE
@ILIVEAGOODLIFE 2 ай бұрын
Overpriced luxury. Peoples' eyes are open. We can buy cool BYDs and Huawei for half the price
@claesnordberg9418
@claesnordberg9418 2 ай бұрын
NEw cars, both evs an and icecars is minus around 20% this year globally. I*t may be alittle different in china. There is defenitely a trend in china to buy domestic cars. Chinese seems to be more proud of there cars. Something to have in the back of the mind.
@gianpaolooliva430
@gianpaolooliva430 2 ай бұрын
In Europe ev sales are crumbling
@TricoliciSerghei
@TricoliciSerghei 2 ай бұрын
Any numbers to back that statement up?
@gianpaolooliva430
@gianpaolooliva430 2 ай бұрын
@@TricoliciSerghei Sept 19 (Reuters).August lowest isales in 3 years, dragged down by double digit losses in Germany, France Italy and sliding ev. Fourth consecutive drop in ev sales
@ambroulard
@ambroulard 2 ай бұрын
And,,, How did musk not see that his cybertruck is going to be a complete and total failure?
@catnipyfy
@catnipyfy 2 ай бұрын
How much would the badge be worth in China? Same with Porsche. Maybe BYD could buy them . .
@fatdoi003
@fatdoi003 2 ай бұрын
Mercedes is more worrying.... i've hardly ever saw their EQ on the road compared to BMW EVs
@nickmcconnell1291
@nickmcconnell1291 2 ай бұрын
If Tesla Robocabs are able to be produced by the millions then we don't need all these other car brands. Maybe three other EV manufacturers, than Tesla, would be more than enough for a car market that will severely contract due to people giving up car ownership.
@bobwallace9753
@bobwallace9753 2 ай бұрын
I expect many brands to disappear. Tesla may be happy to let other companies build a portion of the world's robotaxis. Tesla can still make many fortunes off FSD licensing.
@zfgesk8
@zfgesk8 2 ай бұрын
Did you report how BYD sales are dropping in Germany due to tariffs - I suspect the revers is happening. FYI - Tesla Model 3 second hand are worth less than 30K in AUD - Chinese electric cars are going to flood the market causing major devaluation in all other brands. If a 120K Tesla is now worth 30K three years after sale what does that tell you.
@tonyv5202
@tonyv5202 2 ай бұрын
Not true. I looked for a second hand M3 they were going for $50kAU so I bought a new one for $60k. M3 was $70k at first.Model X was $120KAU when it was available. I could have bought a second hand BMW for $15K. So Tesla's hold their value way more than German luxury brands. Media lies . They have to protect their advertising revenue. Tesla has never spent a cent on advertising. Think about that for a minute 🤔
@dtnjnq
@dtnjnq 2 ай бұрын
@@tonyv5202where do you buy a second had recent BMW EV for $15,000?
@zfgesk8
@zfgesk8 2 ай бұрын
@@tonyv5202 None of what you said makes cents. Jump on Carsales my guy - also depends on what M3 you purchased. Take a look at the M140 with the B58 motor. Worth every penny for a 2019 model.
@zfgesk8
@zfgesk8 2 ай бұрын
@@dtnjnq Don't know, where - I would like to know too :)
@serpserpserp
@serpserpserp 2 ай бұрын
HAHAHA Link me a 120k tesla from 3 years ago I can buy for 30k! I'll buy 5 right now!
@jgarbo3541
@jgarbo3541 2 ай бұрын
BMW are 80% PR, 20% engineering. Another BS German car - MB are worse.
@at3941
@at3941 2 ай бұрын
I’m curious, which legacy auto do you think will be dropping from China like the most likely 3 or 4. It seems Improbable that some of the legacy auto makers will be able to continue there much longer. I mean if the ev share goes to 60% or 70% some companies are going to be bankrupt in China.
@mauricemeijers7956
@mauricemeijers7956 2 ай бұрын
But in Europe BMW is doing not so bad.
@KendrickTillman
@KendrickTillman 2 ай бұрын
It’s because of NIO……
@ershn8d
@ershn8d 2 ай бұрын
NIO has to make any money first 😅😅😅
@SR-pr2xz
@SR-pr2xz 2 ай бұрын
😂 as a victim of diesel gate the largest consumer fraud in history, I can only laugh. Germany was subsidizing EV with €5-10k and a 50% discount on the 1% of price paid annually as a road tax - until they could no longer afford it. No surprise after the gov subsidies stop, they have the nerve to accuse the Chinese of subsidizing... I'll keep my 2011 smoke spewing superb diesel till it dies and leaves a trail of pollution thanks to EV tarifs on the Chinese 😅
@felixlaupc
@felixlaupc 2 ай бұрын
In 5-10 years, you will see these luxurious brands sales in China plunge to single digit percentage, literally become a niche brand. 😅
@jasonmugridge
@jasonmugridge 2 ай бұрын
What makes you say that....
@passby8070
@passby8070 2 ай бұрын
it won't need 5 to 10 years, just next 3. Was in Shenzhen earlier this year. I was in BMW shop and it was extremely quiet, where as Zeekr shop was buzzing with shoppers keen to check it out.
@felixlaupc
@felixlaupc 2 ай бұрын
@@passby8070 I will be completely shocked if it's 3 years.
@felixlaupc
@felixlaupc 2 ай бұрын
@@jasonmugridge because I went there in June. I already can tell what's changing there in the auto market.
@stevesmith8155
@stevesmith8155 2 ай бұрын
I am the style king! I've driven BMW's for the past 40 years and currently have a 2019 M240i. Handsomely styled. Past BMW's generally are very well styled. The marque has been both beautiful and solidly built. However, now the styling of most BMW's models are ridiculous, IMHO. They are UGLY! I do not care what others think, and apparently other's (including BMW stylists) do not care what I think. 240's still look good, and my 6 year old car runs great. It appears to me that BMW's are victims of bad plastic surgery. Not really surprising for the clownish and narcissistic societies we have become.
@tomlibero3780
@tomlibero3780 2 ай бұрын
Far, far ago that was very solid Deutsche brand "Grundig" - every knows what happened. The same story will be with "BMW". Dragon eats the sheep-dog! I write about it without enthusiasm. It's just the way it is. But is it better for me as a customer? Probably yes, because when European companies go bankrupt, the European Union will not be able to impose prohibitive prices on Chinese cars - and that's a good thing, because it is simply immoral for a car to cost as much as half a house...Thx.
@CatsMeowPaw
@CatsMeowPaw 2 ай бұрын
BMW sales are about to hit near zero after Beijing imposes punitive tariffs on the EU and owning a German car is declared as 'disrupting harmony'
@ershn8d
@ershn8d 2 ай бұрын
Did anyone noticed that your chart shows the annual BMW sales reduced just by 4.5% while you highlighted quaterly column to make this video popular?
@dtnjnq
@dtnjnq 2 ай бұрын
Agree, over exaggerated. Most articles I read say BMW sales are strong.
@serpserpserp
@serpserpserp 2 ай бұрын
@@dtnjnq yes, strongly declining.
@philliptemple9841
@philliptemple9841 2 ай бұрын
You need to compare to same Q as last couple of years to see if there is a change in pattern to know if this is preceding a strong decline. Phillip.
@dtnjnq
@dtnjnq 2 ай бұрын
@@serpserpserp doubt it. That’s not what the sales figures indicate. Only declining in China, like every other brand.
@johnbgood3488
@johnbgood3488 2 ай бұрын
I won't be surprised if the BMW brand be owned by a Chinese company in the future.
@howardlee7364
@howardlee7364 2 ай бұрын
BMW EVs are losing money. The more they sold, the more they loose.
@serpserpserp
@serpserpserp 2 ай бұрын
Losing money on ICE cars too. Can't sell enough to cover their massive manufacturing footprint.
@Foggjammer
@Foggjammer 2 ай бұрын
So BMW (I’ve owned 5) can’t figure out how to make a braking system? WTF. They’ve been making cars for 90 years. What happened to the Ultimate Driving Machine? Make the best car, sell it for less. Make less money but don’t damage the image you worked for nearly a century to build.
@ershn8d
@ershn8d 2 ай бұрын
Continental makes the brake system, ask them
@jasonmugridge
@jasonmugridge 2 ай бұрын
Its batteries and software they can't make, and if they buy Chinese stuff they won't be able to sell them in the US so they are stuffed. They might still be able to make the Ultimate Driving Machine but they need to sell more than just M series cars.
@ulyden1947
@ulyden1947 2 ай бұрын
Do not worry about BMW. They sell extreme well in europe, they have hybrids and diesel cars that can meet emission levels. Pure electric manufacturers are totally dependent on intensives to survive. They can't switch to hybrids because they have no engines that fulfill emission limits. BMW can make whatever they want and what customers need.
@Another_opinion_
@Another_opinion_ 2 ай бұрын
02:43 BMW manufacturer -2.3% QtQ. BMW group -4.5%, but, sure, let's keep feeding hidden agendas and get more clicks.
@ershn8d
@ershn8d 2 ай бұрын
And Mini in huge minus because the whole model is replaced.
@brendanpells912
@brendanpells912 2 ай бұрын
And yet, in the UK, BMW sales up almost 24% this year, Mercedes up almost 20%, Tesla sales down 9%
@thyristo
@thyristo 2 ай бұрын
UK: 67 million China: 1.41 billion White supremacist: the UK, EU and USA are meaningless compared to 4.62 billion Asia, 1.4 billion Africa, 667 million South- and Central America, Slavic countries 357 million, Mexico 128 million. UK, USA, EU, Canada, Australia: only 912 million.
@Harrythehun
@Harrythehun 2 ай бұрын
UK has lost the plot. Twenty years ago one could be inspired by UK, but nowadays it's considered a thug and gangster country with no hope of turning it around.
@larryc1616
@larryc1616 2 ай бұрын
Won't save them without the Chinese car market
@danielcpt3819
@danielcpt3819 2 ай бұрын
The miniscule UK car market which is basically irrelevant.
@brendanpells912
@brendanpells912 2 ай бұрын
@@danielcpt3819 2nd largest car market in Europe after Germany... where Tesla sales have also tumbled.
@dirkdiggler9429
@dirkdiggler9429 2 ай бұрын
That they design by far the ugliest new cars doesn't help them either.
@LaerKanan
@LaerKanan 2 ай бұрын
Too many ugly beamers in that ro9ftop picture...one avatr car looks better than the entire BMW lineup...no sane person will pick any of those cars over any of the avatrs or zeekrs or nios or Aitos or Li autos or the new hot luxeed R7...
@AnotherMartinez
@AnotherMartinez 2 ай бұрын
Want an x5 M … V8 two turbos … a vehicle not worth more than $105K … BMW wants $115K …. Technologically, the vehicle is behind Tesla … they don’t get my money
@mirvine1
@mirvine1 2 ай бұрын
Tesla spawned the Chinese EV boom. The Chinese realize this. So they are being loyal to those who got them there, Tesla.
@petersimms4982
@petersimms4982 2 ай бұрын
Nationalise bmw 😮
@Rhotz-ix8ll
@Rhotz-ix8ll 2 ай бұрын
Sat on their hands too long.
@iSot80
@iSot80 2 ай бұрын
You forgot to mention about decreased Tesla sales in China. What could be the reason for this?
@serpserpserp
@serpserpserp 2 ай бұрын
Model Y sales up 16% from last September in China
@iSot80
@iSot80 2 ай бұрын
@@serpserpserp Tesla's total sales have decreased, which is of course obvious.
@mingouczjcz3800
@mingouczjcz3800 2 ай бұрын
Tesla's sales is reportedly collapsing in China too, especially model Y sales.
@ISuperTed
@ISuperTed 2 ай бұрын
That’s funny, official September sales figures showed Model Y sales up 16% from last September in China. If you’re going to lie check your facts first.
@mingouczjcz3800
@mingouczjcz3800 2 ай бұрын
​​@@ISuperTed the report is on the sales of first week of October, the Golden week of Chinese year. Tesla was first ever down, while the Chinese competitors are up. For quite while, Tesla is using attractive financing terms to attract buyers, but from the week on it starts losing its mojo.
@liunan12000
@liunan12000 2 ай бұрын
BMW is finished in the Chinese domestic market.
@RR_reunificationRights
@RR_reunificationRights 2 ай бұрын
this is a trend, china factories' tech is going up and eat western cakes. the west is still eating old style cakes. in chinese words, ten years west, ten years east, simple logic.
@colofsco1
@colofsco1 2 ай бұрын
Could you get actual Chinese customers on your channel, to speak about why they now buy Chinese cars.
@Toltolpyawyayin
@Toltolpyawyayin 2 ай бұрын
Years ago BMW made ugly EVs to make EVs laughable, now who is laughing?
@andreandre1051
@andreandre1051 2 ай бұрын
👍👍
@KungPowEnterFist
@KungPowEnterFist 2 ай бұрын
And yet BMW continues to be the only manufacturer I would consider buying an EV from.
@ssimon1328
@ssimon1328 2 ай бұрын
I see the light !!
@armengevorkian5008
@armengevorkian5008 2 ай бұрын
The only reason I buy BMW that it's not electric. They just need to get back to their roots design-wise.
@GallAnonim-jx2cz
@GallAnonim-jx2cz 2 ай бұрын
Chinese buy LONG RANGE PHEVs and not EV !!!!!!!!!!!!!!!! Best selling Li auto, Aito, Lynk, etc all are long range PHEVs. Stop brainwashing people that EVs are only options.
@侯嘉琪-t8s
@侯嘉琪-t8s 2 ай бұрын
有大盤子可以賣給日韓臺灣人。😂🤣
@micholitzia5726
@micholitzia5726 2 ай бұрын
Black myth wukong is making cars now?
@felixlaupc
@felixlaupc 2 ай бұрын
BMW mentality is like indian now. 😂
@uap_123
@uap_123 2 ай бұрын
Hehe, BMW more logo than car, i will never buy such a plasticbox again. the new designs are aweful and expensive
@DavidB-oj1wi
@DavidB-oj1wi 2 ай бұрын
most chinese cars are EU bloodlines many ppl think that is copy but actually not some factories bought EU brand like Geely and Volvo some factories hired former eu auto designers like BYD you are paying low price to get EU quality and design what is the reason EU brand not falling?
@sa2005
@sa2005 2 ай бұрын
BMW better off than Toyota
@Joe44944
@Joe44944 2 ай бұрын
I used to really like BMW’s design I thought they were absolutely strikingly beautiful cars… no more now I find them just ugly.
@ILIVEAGOODLIFE
@ILIVEAGOODLIFE 2 ай бұрын
Omg if i hear one more about Tesla from you smh
@onederment
@onederment 2 ай бұрын
Obviously insane jajajajaja
@jamesspent7101
@jamesspent7101 2 ай бұрын
BMW has become idiculously overpriced. YES their quality is good but they taking the piss with their pricing, just like VW and Mercedes. All of them will continue to decline .
@GallAnonim-jx2cz
@GallAnonim-jx2cz 2 ай бұрын
4:30 Lie. Lie Lie. Most sales in China are PHEVs and not EV. In China top bestselling cars are all PHEVs. Also, most brands offer every car as EV or PHEV in almost same price.
@mrzack888
@mrzack888 2 ай бұрын
Bmw is poor cheap quality.
@calgarytek
@calgarytek 2 ай бұрын
Ugly cars. Peak BMW was the E39 M5. But, old technology.
@patrickcummins3912
@patrickcummins3912 2 ай бұрын
Youbeentalkingaboutit
@mho4228
@mho4228 2 ай бұрын
BMW cars are unreliable, and spare parts shortage by agents/ dealers..
@dtnjnq
@dtnjnq 2 ай бұрын
I’ve never had a problem with any of my BMWs. Don’t spread misinformation.
@mho4228
@mho4228 2 ай бұрын
​@@dtnjnq Good for you. Unfortunately I own a BMW it break down less than month and have to waited a month for spare parts. Real experience and not misinformation.
@ulyden1947
@ulyden1947 2 ай бұрын
@@mho4228 I have a BMW I4 Newer been back to the dealer. 50 000km. No problems att all
@ulyden1947
@ulyden1947 2 ай бұрын
@@dtnjnq I have two BMWs. One petrol that is close to 200 000km. Loks like new. Newer been in a workshop. One wire broken and one spring in 12 yeras. The I4 is the same. Flawless 50 000km. Just like a flying carpet.
@Dark_Vader888
@Dark_Vader888 2 ай бұрын
BMWs with the BIG hideous grills are ugly AF. Even the Chinese have taste, thank god the chief designer and his team were moved to other divisions (fired)
@petersimms4982
@petersimms4982 2 ай бұрын
Capitalism is dead 😂
@danielb7253
@danielb7253 2 ай бұрын
U have no. Idea how the city officials do not honor contracts thus German companies and others faltering. U are ev content creator period. No economics knowledge of not geo politics
@leeedens9497
@leeedens9497 2 ай бұрын
BMW and all legacy brands in China need to count on lower sales numbers going forward, it does help BMW just keep increasing their prices, with Chinese buyers no longer seeing luxury brands as luxury, are luxury brands in trouble?
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