BMW Posts Strong Growth in April

After at the end of last week German carmaker BMW posted an 8.1 percent increase in revenues for the first quarter of the year, amounting to 12.43 billion euros, it now announced its sales figures for the fourth month of the year.

According to BMW, 116,391 vehicles were sold last month, accounting for a 14.6 percent increase in sales. For the full quarter, the total number of vehicles sold by BMW reached 432,037 units, a 14 increase compared to Q1 2009.

“We benefitted from growing market demand worldwide in April and were able to increase sales volumes in almost all European markets, in the Americas and in Asia. In light of new attractive models, such as the new BMW 5 Series and the MINI Countryman, which comes in autumn, we are in an excellent position and remain confident for the next months," Ian Robertson, BMW member of the Board said in a statement.

"The BMW Group will be once again the world’s leading premium supplier in 2010.. However, it remains to be seen how resilient and sustainable the economic upturn will be in the markets.”

The BMW brand sold 98,494 vehicles, an increase of 16.9 percent compared to April 2009. MINI contributed with 17,718 units, or a 2.3 percent increase in sales, while Rolls-Royce managed to move 179 cars, 251 percent more than in April last year.

The biggest growth in terms of markets were recorded in Brazil and China, with the former contributing a 146.5 percent increase and China 114.9 percent growth. For China, BMW upped its target to 20,000 vehicles in 2010.
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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