SC Biz News

Automotive

Subscribe to Our Digital Newsletters

Fast start clocked for BMW Group global sales

Automotive
  • Share

Fresh off its strongest year of global sales, the BMW Group reported the start to 2017 is even stronger.

In a news release, the auto manufacturer said its January 2017 group sales totaled 163,288, a 6.8% increase over January 2016. Sales included BMW, Mini and Rolls-Royce brands.

The company cited BMW brand sales increases in all of its models, noting sales of the X1 model jumped 40.2% while the 7 Series increased by 29.8% and sales of the 3 Series were up 6.3% over January 2016 sales figures. BMW management said they expect sales to be heightened as the company prepares to release its remade 5 Series in the next week.

Sales of the BMW i3 helped pace the group to a record in global sales during the month of January. (Photo/Contributed)“We’re confident that the new models we’re bringing to market this year, especially the new generation BMW 5 Series which is about to arrive in dealerships, will ensure further momentum as the year goes on,” said Ian Robertson, member of the BMW AG board of management overseeing sales and marketing, in a release. “We continue to focus on profitability and sustainable levels of growth distributed around the world.”

Sales of the BMW i and iPerformance vehicles jumped 115.8% while Mini brand vehicle sales increased 3.7% to 19,563 vehicles sold in January. Sales figures for Rolls-Royce were not available although the brand is coming off a record-setting 2016.

Group sales saw their largest increase in the Asia market as Mainland China went over 50,000 vehicles sold in a single month for the first time. Overall, the Asian market sales increased by 12.1% over January 2016.

Sales in Europe increased by 3.5% as German sales jumped 17.2% and sales in the United Kingdom were up 4.9% and sales in France increased by 5.4%. In the Americas region, BMW Group sales ticked up 1% despite U.S. sales declining 0.5%. A 2.5% increase in Canadian sales helped offset the losses in the U.S.

U.S. sales did get a boost from the South Carolina-produced X models. According to domestic sales figures, the BMW brand sold 18,109 vehicles in January compared to 18,082 sold the same time a year ago. Sales of the BMW X3 jumped 57.5% and the X5 increased 26.8% year-over year.

BMW Group global sales, January 2017

 

January 2016

Change over previous year

BMW Group automotive

163,288

+6.8%

BMW brand

143,553

+7.2%

Mini brand

19,563

+3.7%

BMW Motorrad

7,503

+0.2%

Source: BMW Group

Reach Matthew Clark at 864-720-1222.

  • Share
0 Comments
Write a Comment