The motorcycle industry of Pakistan has been building up significant potential, particularly as the new generation of motorists and motorcycle-enthusiasts has been taking over. Looking to capitalize on this potential is Deewan Motors, who, according to Horsepower Pakistan, is planning to launch the BMW Motorrad in Pakistan. The BMW (Bayerische Motoren Werke AG, commonly referred to as BMW) Motorrad is the German automaker’s division that deals with the production, marketing, and sales of its motorbikes. The division produces and sells a wide variety of motorcycles such as sports bikes, superbikes, street bikes, trail bikes, adventure bikes, and long journey cruisers. They Built the World’s Fastest Motorbike While most people associate BMW with cars, they have also manufactured motorcycles. IN fact, they manufactured the fastest motorcycle in the world in 1937. Their motorcycle division was called BMW Motorrad and they still make top-of-the-range bikes to this day.
BMW annual/quarterly revenue history and growth rate from 2006 to 2020. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
- BMW revenue for the quarter ending June 30, 2020 was $21.992B, a 23.91% decline year-over-year.
- BMW revenue for the twelve months ending June 30, 2020 was $109.943B, a 1.66% decline year-over-year.
- BMW annual revenue for 2019 was $116.715B, a 1.38% increase from 2018.
- BMW annual revenue for 2018 was $115.124B, a 3.22% increase from 2017.
- BMW annual revenue for 2017 was $111.536B, a 7.04% increase from 2016.
As the distributor of BMW passenger vehicles in Pakistan, Deewan Motors has decided to capitalize on the booming motorcycle market in Pakistan and plans to introduce a bike lineup here as well.Although there are no confirmed reports about which motorcycles will be launched in Pakistan, it is speculated that the automaker is likely to sell smaller displacement motorcycles, like the 310 series and 400 series bikes. Ultimately, it is a positive development because with the presence of BMW in the Pakistani market, a lot of other foreign brands are likely to take note of it and consider expanding to this market.
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