Legacy car manufacturer BMW is accelerating its digital journey to reach out to the 30% of buyers globally who are ready to purchase cars online.

Why it matters

As the automotive industry witnesses a decline in sales at physical dealerships, online car sales are growing and BMW is digitising the consumer purchase and experience cycle to tap this rising trend in the online car market. 

Takeaways

• From 2021 to 2030, the global online car buying market is expected to grow at a compound annual growth rate of 12.2%.
• BMW is setting up phygital experiences to build on the physical network’s...