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BIMMERPOST Universal Forums General BMW News and Cars Discussion BMW's August sales return to pre-crisis levels

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      09-09-2010, 02:59 PM   #1
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Thumbs up BMW's August sales return to pre-crisis levels

Reported on BIMMERPOST HOMEPAGE.

Via Reuters:

BMW AG surpassed August's global sales volumes for its core brand not just versus last year's month but for those of 2007 and 2008 as well, underlining the strength of the recovery in the premium car market.

BMW said today that it sold more vehicles in China in the first eight months through August than it did for the entire year of 2009.

Global sales of BMW brand vehicles rose 16.3 percent last month to about 88,000 units.

That brought the cumulative total year-to-date to 775,262 BMW brand vehicles, for a gain of 14.0 percent.

"We are seeing a stable upward trend and are gradually regaining the level we had prior to the economic and financial crises," BMW group sales chief Ian Robertson said in a statement.

"For the first time, it (the BMW brand) also delivered more vehicles than in August 2007 and 2008," he added.
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      09-09-2010, 04:12 PM   #2
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alright!
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      09-09-2010, 04:59 PM   #3
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Glad I could help the cause
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      09-09-2010, 05:06 PM   #4
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Just americans going through spending withdrawls. They can hold back only so long and then open the wallet again. LOL
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      09-09-2010, 05:21 PM   #5
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I'd guess their relatively new line-up is responsible for this.
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      09-09-2010, 05:33 PM   #6
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That's great new. Just order my e92 m3. So that should be helping out too lol.
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      09-09-2010, 05:55 PM   #7
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Glad to help out as well
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      09-09-2010, 07:09 PM   #8
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Quote:
Originally Posted by jo-e90 View Post
Just americans going through spending withdrawls. They can hold back only so long and then open the wallet again. LOL
I think it has more to do with the fact that the majority of models were either facelifted or completely replaced recently.
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      09-09-2010, 07:30 PM   #9
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Globally might be up... but what about BMW NA?
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      09-09-2010, 09:00 PM   #10
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Quote:
Originally Posted by jo-e90 View Post
Just americans going through spending withdrawls. They can hold back only so long and then open the wallet again.
And now just add to it the Chinese...
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      09-09-2010, 09:53 PM   #11
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Quote:
Originally Posted by Oulixes View Post
And now just add to it the Chinese...
Yup; China has surpassed America for the first time in number of cars bought in 2010 because of it's rising affluence - the 'Bicycle Kingdom' is hungry for cars
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      09-09-2010, 10:08 PM   #12
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Quote:
Originally Posted by jo-e90 View Post
Just americans going through spending withdrawls. They can hold back only so long and then open the wallet again. LOL
So true... so sad.
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      09-10-2010, 08:57 AM   #13
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      09-10-2010, 01:24 PM   #14
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Quote:
Originally Posted by Placey View Post
Globally might be up... but what about BMW NA?
Not sure about the U.S., but they are doing pretty good up here.

http://thestar.blogs.com/kenzie/2010...recession.html
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      09-10-2010, 03:10 PM   #15
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      09-15-2010, 02:26 AM   #16
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Quote:
Originally Posted by Vel View Post
Yup; China has surpassed America for the first time in number of cars bought in 2010 because of it's rising affluence - the 'Bicycle Kingdom' is hungry for cars
WTF?!
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