Cars
The continued market downturn resulted in a significant decline in sales in November for the BMW Group that consists of the BMW, MINI and Rolls-Royce brands. The automotive group saw its global sales in November plunge by 25.4% to 96,570 units compare to 129,459 the same month a year ago. From the beginning of the year, the BMW Group has delivered a total of 1,323,572 vehicles, down 1.8% from the first 11 months of 2007. In November, BMW brand car sales were down 26.2% to 81,357 units, MINI sales fell 20.8% to 15,103 while Rolls Royce reported a 18.5% decline to 110 vehicles.
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Cars
BMW Group Global Sales Plummet 25.4% in November
The continued market downturn resulted in a significant decline in sales in November for the BMW Group that consists of the BMW, MINI and Rolls-Royce brands. The automotive group saw its global sales in November plunge by 25.4% to 96,570 units compare to 129,459 the same month a year ago. From the beginning of the year, the BMW Group has delivered a total of 1,323,572 vehicles, down 1.8% from the first 11 months of 2007. In November, BMW brand car sales were down 26.2% to 81,357 units, MINI sales fell 20.8% to 15,103 while Rolls Royce reported a 18.5% decline to 110 vehicles.For the first 11 months of the year, global sales of BMW brand vehicles are down 3,5% to 1,105,112 units while MINI's are up by 7.6% to 217,405 as are Rolls Royce's by 28,5% to 1,055 vehicles .
Ian Robertson, Member of the Board of Management of BMW AG, responsible for Sales and Marketing, said "Global automotive market demand fell once again in November. However, during the period to the end of November the BMW Group performed better than the overall premium segment and has increased its market share in the segment. In addition two of our three premium brands – MINI and Rolls-Royce – continue their growth over the 2007 sales results. The MINI brand is still the world's fastest-growing premium brand."
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Hit by the global financial and economic crisis, the BMW Group that consists of the BMW, MINI and Rolls Royce brands reported a loss before interest and taxes of €55 million in the first quarter of the year. That's compared to an operating profit...
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If January's sales are anything to go by, 2009 will be an even more difficult year for automakers. The BMW Group that includes the BMW, MINI and Rolls-Royce brands, sold 70,405 vehicles globally in January, down 24.2 percent from the same month last...
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Reflecting the global economic turmoil, the BMW Group that includes the BMW, MINI and Rolls Royce brands posted a 63 percent drop in third quarter profits. The Munich-based company said that pre-tax profits for the July-September period fell 63.5% to...
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Thanks to the rising sales of the new BMW X5 and Mini hatch, BMW Group managed to increase sales in May 2007 by 7.0 percent to 128.408 units. According to the world’s largest premium carmaker, BMW-brand sales rose 5.8 percent from a year earlier...