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BMW Group expects record sales in 2012, CFO says

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BMW Group expects record sales in 2012, CFO says

BMW’s chief financial officer confirmed that the automaker will break its 2011 sales record by delivering about 1.8 million new cars worldwide.

The BMW Group delivered 1.66 million vehicles globally through November, including sales of BMW, MINI and Rolls-Royce brands. BMW CFO Friedrich Eichiner told German newspaper Die Welt that deliveries in Asia and North America have been strong enough to offset weak demand in Europe, which is affected by recession.

According to Eichiner, one of BMW’s 2012 goals was to surpass last year’s figure, an aim nearly achieved in the first 11 months of the year. In all of 2011, BMW delivered 1.67 million new cars.

In the U.S. alone, BMW delivered 244,061 cars in the first eleven months of this year, with December sales data to be available in January. The best-selling BMW nameplate in the U.S. is the 3-Series sedan, coupe and convertible range, with 88,857 deliveries through November. Even though BMW won’t top 100,000 3-Series models in the U.S., the automaker should come close.

As for the Mini range, BMW is set to achieve sales of 65,000 vehicles in 2012, breaking its 2011 record of 57,511 vehicles. BMW’s is expected to post strong December sales in the U.S. and looks set to end the year as the No. 1 luxury automaker in the country and worldwide.

Via Left Lane News

by Dan Mihalascu (my Google+) - Friday, December 28th, 2012 - filed under BMW, Mini, News, Rolls Royce, Sales Reports. Image credit: .
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