BMW to Reach 2012 Sales Record Due to October Increase

BMW reported highest ever sales figure in October, with an increase of 13.2% to 157,618 cars.

“We are well on course to achieve a new sales record in 2012, despite the headwind present in some European markets,” sales and marketing board member Ian Robertson said in a statement on today, November 9th.

During the first ten months of the year sales increased 8.8% to 1,493,153 units, compared with 1,371,903 units in the same period last year. In China sales were up 51.7% to 27,828 units, mainly due to the locally-produced BMW X1 and BMW 3 Series Long Wheelbase. Year-to-date BMW has sold 264,884 vehicles in China, up 35.2%.

In the US, October sales saw an increase of 18.5% to 32,339 vehicles, and during the first ten months of the year the automaker sold 267,267 vehicles, up 8.4%. In Europe, BMW’s sales fell 0.3% to 71,368 vehicles, but saw an increase of 0.7% to 711,197 units from January to October.

BMW’s global sales were up 15.4% in October to 132,823 vehicles, selling 19,986 BMW 1 Series, up 36.3%, 37,123 BMW 3 Series, up 16.9%, 26,404 BMW 5 Series, up 0.1%, 14,090 BMWX1, up 38.4% and 12,668 BMW X3, up 15.7%.