The Munich-based car manufacturer BMW is preparing for a more difficult second half of the year after a strong increase in sales and profit due to the global shortage of chips.
As the bottlenecks persist, the situation becomes more tense, said CFO Nicolas Peter on Tuesday.
Production restrictions and the associated effects on vehicle sales can also be expected in the second half of the year.
In the first half of the year, the Munich-based company benefited from the strong global demand for cars.
Sales improved in the first six months by 28 percent to 55.5 billion euros, and net profit soared to 7.6 billion euros from 362 million.
It played a role that BMW was able to dissolve the provision for the EU antitrust proceedings due to agreements relating to the emission control of diesel cars after the fine was lower than assumed.
But the carmaker also benefited from higher used car prices.
In the US market in particular, it was possible to sell leasing returns at higher prices.
In the first half of the year, the semiconductor shortage had less of an impact on BMW than on many other car manufacturers.
But in the meantime, the Munich production line had to shut down too, and many thousands of cars could not be produced.
Nevertheless, the number of deliveries should be solidly above the level of the previous year, the company said.
The profit margin in the automotive segment will therefore reach the upper end of the corridor of seven to nine percent for the year as a whole.
In the first half of the year it was 13 percent.
Analysts expect values of around 10 percent.