BMW AG had a successful year in 2023, with car sales making up the majority of its revenue. The company sold a total of 2,554,183 vehicles, with the BMW brand accounting for the majority of sales. Sales financing services and motorcycle sales also contributed to the company"s revenue.
BMW AG operates production sites globally and has a diverse sales distribution across different regions. UBS has a neutral stance on BMW"s stock due to the competitive automotive market landscape.