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BWM Report Nine Percent Sales Jump
The world's leading luxury carmaker, BMW AG said sales in February jumped by 9.0 per cent helped along by solid demand for its compact Mini car and its X5 SUV.
Despite rising energy costs and concerns about a global economic slowdown, the Munich-based auto company said group sales rose to 105,994 from 97,256 for the same month last year.
When the data from January and February was compared to the same two months a year ago, total sales were up 3.8 per cent at 198,628 vehicles, BMW said.
The release of the latest BMW data comes in the wake of figures showing the carmaker's rivals - Mercedes Benz and Audi - also enjoying a good start to the new year.
BMW said sales of its BMW brand cars rose 5.5 per cent in February to 89,983, while Mini car sales surged by 34 per cent to 15,954.
Sales of the super luxury Rolls-Royce jumped by 50 per cent to 57 units.
February sales of BMW brand cars included a 43.8 per cent rise in sales of its BMW 1-Series, while sales of its X5 SUV jumped to 10,445 compared with 5,127.
From: auto viewpoint/industry news
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