BMW Sales Continue to Rise On Asian Demand
First Published Friday, 6th July 2012 09:48 am - © 2012 Dow Jones
BMW AG (BMW.XE) said Friday global sales rose 4% on the year to 172,516 cars in June, keeping the world's best-selling luxury car maker on track for a new annual sales record in 2012 as demand in Asia and North America remains robust.
"There will be additional new models arriving in the coming months, which are expected to bring further momentum in the second half of the year," BMW sales chief Ian Robertson said in a statement.
BMW sold 900,539 cars of its BMW, Mini and Rolls-Royce vehicles in the first half of the year, up 8.1% compared with the same period last year and marking a new sales record for the Munich-based firm.
BMW's sales in Asia were up 26% year-on-year in the first six months, compared with a 10.5% increase in the U.S. Sales in Europe edged down 0.1% as demand for new cars in several countries has been hit by tough austerity measures and economic uncertainty.
- BMW brand June global sales +4% on year at 139,869 cars
- Mini brand June global sales +3.9% on year at 32,337 cars
- BMW brand January-to-June global sales +8.3% on year at 747,064 cars
- Mini brand January-to-June global sales +7% on year at 151,875 cars
- Rolls-Royce brand January-to-June global sales +0.5% on year at 1,600 cars
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500