Record first half for BMW
07/07/2011
The company also achieved a new high for the first six months of the year. Group retail volume for the year to the end of June increased by more than 137,000 units to 833,366 vehicles, which represents growth of 19.7% compared to the first half of 2010.
BMW’s director for sales and marketing, Ian Robertson, said on announcing the results: “We have just achieved another record month in sales and the best six months in our company’s history. These figures reflect the strong global demand for BMW, Mini and Rolls-Royce cars and motorcycles. We aim to continue our balanced growth, in both mature and emerging markets. Due to the model cycle and the year-on-year base effect we do anticipate a somewhat slower rate of growth in the second half of the year.”
In the first half of 2011, the group had more vehicle registrations in its home market, Germany, than in any other market. The total for Germany for the six-month period was 149,786, 10.6% up on the same period in 2010. The US reported the sale of 143,521 vehicles in the same period, growth of 18% over the first half of 2010. China continues to see strong double-digit growth and the company reported the sale of 121,614 vehicles there in the January-June period, which represents growth of 61% compared to the same period last year.
BMW also saw high-levels of growth in Brazil (69%), Russia (31.6%), India (107.2%), Korea (71.9%) and Turkey (179.6%) in the first six months of 2011.
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