BMW reports record sales as luxury car demand rises
German automotive manufacturer BMW has said worldwide sales rose 14% to 1.67 million vehicles in 2011, spurred by strong demand from China and the United States
BMW expects the global market for luxury vehicles to grow 8% in 2012. The announcement came at the opening of the Detroit Motor Show, the industry’s gala event, and in the wake of confirmation that Rolls-Royce had posted the most successful 12-month sales period in its 107-year history.