More records for BMW despite “challenging market”
06/11/2012
Sales volume, revenues and earnings for the third quarter of 2012 have all reached new highs for BMW. Revenues during the three-month period from July to September rose by 13.7% to EUR 18.8 billion. Net profit for the period came in 16% higher than in the same quarter in 2011 at almost EUR 1.3 billion.
The total number of vehicles delivered to customers under the group’s BMW, Mini and Rolls-Royce brands during the third quarter increased by 9% to 434,963 units.
All of these figures represent record totals for a third quarter for BMW.
In the first nine months of 2012, the group has delivered 1,335,502 new vehicles to customers.
“We have had a good third quarter, setting new sales volume, revenues and earnings records in the face of a challenging market environment. We expect further sales volume growth for the fourth quarter, even though it is clear that we, and indeed the sector as a whole, are likely to be confronted with adverse business conditions,” said group chairman, Norbert Reithofer.
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