bmw hits record sales in 2012
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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BMW hits record sales in 2012

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Arab Today, arab today BMW hits record sales in 2012

Frankfurt - AFP

German top-of-the-range carmaker BMW sold a record 1.8 million vehicles in 2012, chief financial officer Friedrich Eichiner said in a newspaper interview on Thursday. "One of our goals for 2012 was to increase unit sales and achieve a new deliveries record. With 1.8 million vehicles, we've done that," Eichiner told the Die Welt daily. Earlier this month, Eichiner had said that BMW was "on target" for reaching a new sales record following buoyant sales in November. In November, BMW's worldwide sales rose by about 20 per cent to more than 170,000 vehicles. In the 11 months to November, vehicle sales so far this year reached about 1.66 million, an increase of some 10 per cent compared with the same period last year. The carmaker'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 per cent and the premium segment even stronger," 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 said.

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