The Business Times

BMW sales rise 7.5% in January on demand in Europe, China

Published Wed, Feb 10, 2016 · 08:07 AM

[FRANKFURT] BMW reported a 7.5 per cent rise in monthly car sales to 152,879 vehicles in January, as growth in Europe and China more than offset a slide in the United States, where winter storms deterred car buyers.

"Despite many markets showing continuing volatility, we remain optimistic that this positive trend will continue through 2016," sales chief Ian Robertson said in a statement on Tuesday.

Deliveries of BMW and MINI model cars in China were up 8.4 per cent at 43,441 vehicles in January, while deliveries in the United States slipped 4 per cent to 26,667 cars to due to storms that disrupted large parts of the country, BMW said.

Sales in Europe were up 10.9 per cent, helped by double-digit growth in Italy, France and Spain.

REUTERS

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