Deliveries of BMW-branded cars jumped 9% to a record 2.2-million last year, surpassing Mercedes’s about 2.1-million. Output of the Daimler AG-owned brand shrank 5% after the lack of chips grew much worse during the second half.
BMW’s victory over Mercedes may partially be a sign of the component shortages skewing global car sales. Figures released last week showed Toyota Motor Corp. selling more vehicles in the US last year than General Motors Co, the first time any manufacturer has beaten the Detroit giant since 1931. BMW’s deliveries had been tracking ahead of the Daimler AG brand for much of this year even as it had to temporarily shutter factories during the summer months. BMW says its decision to ramp up chip orders despite the hit to sales from pandemic lockdowns in 2020 helped it keep factories supplied with the components this year.
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