BMW Group said its car sales rose 4 percent in October to a record high for the month thanks to continued growth in its three main markets, Europe, the United States and China.
BMW Group has just released the sales report for October, the company saying that the rising in last month’s deliveries follows on from the best ever first three quarters in its sales history. BMW, Mini and Rolls-Royce sold 191,651, an increase of 4,0 percent compared with the same period last year. In the first ten months of the year, total sales of BMW Group vehicles increased by 7.1 percent, to 1,836,464 units. The increase was not as hefty as the company hoped, and it was actually a slowdown from growth rates of 7.8 percent in September and 7.2 percent in August.
For the BMW brand, sales increased by 6.3 percent in October, with a total of 164,915 vehicles sold to customers in the month. Deliveries in the first ten months of the year rose 5.8 percent compared to the same period last year, with a total of 1,560,697 cars sold. Sales of the MINI brand continue to grow year-on-year, with a total of 272,819 vehicles delivered in the first ten months, an increase of 15.4 percent. The strongest year-to-date markets for the BMW Group were Europe with a 10.1 percent increase, 5,4 percent up in the US, while in China deliveries grew only by 2.3 percent.