Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

BMW Group World-Wide Sales Rise 10.6% In 2012

The BMW Group (BAMXY.PK, BAMXF.PK,BMW.L) Thursday said world-wide sales for its fiscal year 2012, grew 10.6 percent to approximately 1.85 million from last year.

For the month of December, The company sold 181,571 vehicles, representing a 14.8 percent increase compared to 158,125 units last year. 152,286 vehicles were delivered, representing an increase of 18.8 percent over the prior-year.

The BMW brand sales rose in 2012 by 11.6 percent to 1,540,085 from 1,380,384 last year.

MINI 28 sales totaled 751 units for the full year and 526 units for December, representing a year-over-year growth of 5.8 percent and 2.4 percent, respectively.

With 3575 units sold, Rolls-Royce recorded a moderate sales growth of 1 percent in 2012. For the month of December, sales totaled 534, up 12.0 percent from the comparable period last year.

Husqvarna Motorcycles sales totaled 10,751, up 15.8 percent from last year.

Deliveries in Europe and Great Britain increased to 864,812 units and 174,215 units respectively.

In Asia, sales increased 31.6 percent to 491,512 vehicles from 373,613 vehicles last year, while in the U.S., sales climbed 13.8 percent to 347,583 units from 305,418 units last year.

Looking ahead to 2013, with the expected launch of the all-electric BMW i3, the company expects to deliver the same momentum, despite the prevailing headwinds.

Register
To receive FREE breaking news email alerts for BMW and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Micro-blogging site Twitter Inc said Tuesday after the markets closed that its second quarter loss widened from last year, hurt mainly by stock-based compensation expense, even as revenue more than doubled thanks to growth in advertising. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Pharmaceutical giant Pfizer, Inc., which was aspiring to buy British drug maker AstraZeneca Plc, reported Tuesday a profit for the second quarter that plunged 79 percent from last year, which reflected hefty gains from animal health business sales. Total revenues declined 2 percent, as it continued to be hurt by generic competition for major drugs. Home improvement and building products company Masco Corp. said Monday after the markets closed that its second quarter profit jumped 78% from last year, as revenue increased and margins improved amid strong performance of its Plumbing Products, Installation and Other Services and Decorative Architectural Products segments.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.