Submit newsAdvertise & rates  22°C Johannesburg Contact us
Press offices
Retail news

BMW claims record sales for 2012

28 Dec 2012 10:31Submit a commentBizLike
FRANKFURT, GERMANY: German top-of-the-range car manufacturer BMW sold a record 1.8m vehicles in 2012 according to the company's chief financial officer Friedrich Eichiner.
"One of our goals for 2012 was to increase unit sales and achieve a new deliveries record. With 1.8m vehicles sold, we've done that," Eichiner told the Die Welt.

Earlier this month, Eichiner had said that BMW was "on target" for reaching a new sales record following buoyant sales in November when the company said worldwide sales rose by about 20% or more than 170,000 vehicles.

In the 11 months to November, BMW's vehicle sales reached about 1.66m, an increase of 10% compared with the same period last year.

The car manufacturer'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% and the premium segment by even more," 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 added.

Source: AFP via I-Net Bridge

SOURCE

I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
 
More options
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.

Subscribe to industry newsletters

Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.

Subscribe

Receive free email newsletter

Make us your homepageAdd us to your favoritesRSS feedGet biz on your phoneFollow us

Invite

Tell a friend about us