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BMW races to record sales in 2012
Published: 27 Dec 12 12:31 CET | Print version
Online: http://www.thelocal.de/money/20121227-46997.html
German top-of-the-range carmaker BMW sold a record 1.8 million vehicles in 2012, chief financial officer Friedrich Eichiner said in a newspaper interview Thursday.
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Earlier this month, Eichiner had said that BMW was "on target" for reaching a new sales record following buoyant sales in November, when the firm's worldwide sales rose by about 20 percent to more than 170,000 vehicles.
In the 11 months to November, vehicle sales so far this year reached about 1.66 million, an increase of some 10 percent compared with the same period last year.
The carmaker's aim was to lift sales again next year, Eichiner told Die Welt.
"The big question is whether the markets will allow it," he said, cautioning that BMW would see "stagnation at best" in Europe.
"The United States, on the other hand, will offer recovery opportunities, with the overall market there projected to grow by 5.0 percent and the premium segment even stronger," Eichiner said.
"In addition, we've built up a strong position in medium-sized markets such as Australia, Russia, Korea and Turkey. And these markets are continuing to grow," he said.
AFP/mry
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Your comments about this article:
I don't have the data, of course, but I suspect a big chunk of that 20 percent worldwide growth is attributable to customers in China.
And importantly there is no mention of India here though BMW had emerged as the no. 1 best seller in its segment during 2011. Wish their Hqs take cognizance of the Indian market where they are growing.