BMW AG expects sales in Latin America, a miniscule market for the premium carmaker, to maintain their high double-digit growth rate from the first half into the second.
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BMW vehicle sales in China passed 75,000 units in the first half of this year, making the market the automaker's third largest.
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Mini's latest model, the Countryman, will help the brand reach sales of 300,000 'in the near future,' CEO Wolfgang Armbrecht said. The BMW-owned brand sold 216,000 units last year.
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BMW's Indian unit has started assembling the redesigned 5 series sedan at its factory in Chennai in the southern state of Tamil Nadu.
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BMW will ship 10,000 German made additional 3 series cars to China because its local production JV with Brilliance can no longer meet local demand, the carmaker's personnel chief, Harald Krueger, said in an interview.
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BMW is forecasting improved profit and sales up 10% to more than 1.4m units this year as the economic climate improves.
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German automaker sees 2010 pretax profit to rise more sharply than previously forecast, with sales advancing by around 10 percent to more than 1.4 million units, compared with its previous forecast for a single-digit increase.
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BMW raised its 2010 sales and earnings forecast on growing sales in China and strong demand for the new 5-series sedan. BMW predicts sales this year to rise about 10 percent to more than 1.
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Auto journalists must remain as neutral as possible. People often say that we criticize certain models just for the sake of criticizing, but that is simply not the case. Our expertise allows us to shed light on a number of elements and potential problems that may or may not seem obvious to the average customer who goes for a 15-minute test drive. Our job is to help potential buyers make an educated choice.
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I could basically end this review with the sub-title above. I mean, how could I possibly write anything bad about a car like the 2010 BMW 750Li, a true German limousine which you normally feel more excited to take a back seat in than sit behind the wheel
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German firm announces M version of 1 Series on web video.
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Munich. After being on sale on the global automotive market for five successful years, the BMW M5 has ended its production lifespan with a new record high. The BMW M GmbH produced a total of 20,548 of the charismatic high-performance sports car featuring a V 10-cylinder power unit. The BMW M5 Saloon is accountable for 19,523 of these, with the BMW M5 Touring, which was first launched in 2007, contributing a further 1025 units towards the overall result.
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MANAGING EDITOR BOB GRITZINGER: This has to be the next best thing to a BMW 3-series or an Audi A4 on the market today.
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MANAGING EDITOR BOB GRITZINGER: This has to be the next best thing to a BMW 3-series or an Audi A4 on the market today.
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In News Brake: BMW salutes the current generation of the M5, Toyota gives its product planners more time, and Ford will block your calls via Sync . . . But Wait, There's More!
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The manufacturer said gains were seen in "virtually all markets," with sales in China, the US and Europe showing the strongest growth.
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