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BMW Group Posts 10.7 Percent Sales Increase in the 3rd Quarter of 2013

At the beginning of the year, BMW Group's management team announced that 2013 should be a record breaking year for the German company. So far, the numbers confirm the ambitions of the Bavarians and the reports for the 3rd quarter of the year are right on track.
BMW Badges 1 photo
Photo: BMW
Over the last quarter, the BMW Group delivered 481,657 units recording a growth of 10.7 percentage points over the same period of last year, when only 434,963 units were handed over to their owners.

Out of the bunch, 405,450 were BMW Brand automobiles (an increase of 11.7 percent), 75,482 units were MINIs (an increase of 5.8 percent), 825 Rolls-Royce (an increase of 13.6 percent) and 28,213 motorcycles (5.4 percent increase).

With such numbers, after all the taxes have been paid off and all the investments were done, the net profit rose to EUR1,330 million, a 3.2 percent increase over the EUR1,289 million recorded last year.

"Reported figures for both the third quarter and the nine-month period have developed positively despite the higher level of expenditure on new technologies and a challenging market environment in Europe. We have recorded best-ever worldwide sales volume figures to date and remain within our targeted margin range for the Automotive segment", stated Norbert Reithofer, Chairman of the Board of Management of BMW AG, on Tuesday in Munich.
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