11-02-2010, 02:12 PM | #1 |
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BMW 2010 October Sales Rise
BMW Group U.S. Reports October 2010 Sales
* 02.11.2010 * Press Release Woodcliff Lake, NJ – November 2, 2010... The BMW Group in the U.S. (BMW and MINI combined) reported October sales of 23,222 vehicles, an increase of 12.6 percent from the 20,619 vehicles sold in October 2009. Year-to-date, the BMW Group also reported a sales volume of 215,274 vehicles, up 7.7 percent from the 199,838 units sold through October 2009. “The new product effect clearly showed in October with our 5 Series sales momentum increasing, especially with the introduction of all-wheel-drive for regions where it is highly desired,” said Jim O’Donnell, President and CEO of BMW of North America, LLC. “Furthermore, we are seeing some positive response from the overall market but with little job growth and only slight increases in consumer spending, our dealers have to fight for every sale, something they did very well this month.” BMW Brand Sales Sales of BMW brand vehicles in October increased 17.2 percent for a total of 19,272 vehicles from the 16,443 units sold in October of last year. Year-to-date, BMW sales were up 10 percent to 176,736 vehicles from the 160,666 units sold in the same period of 2009. In October, best performing vehicles included the 1 Series, up 127.3 percent to 1,139 units and the 5 Series, up 61.8 percent to 4,925 units. The X5 continues to perform very well with an increase of 48.9 to 3,183 units. BMW Pre-Owned Vehicles Sales of BMW’s used vehicles (including certified pre-owned and pre-owned) decreased 7.2 percent to 13,867 vehicles from the 14,938 units sold in October of last year. Year-to-date, used vehicle sales were up 4.9 percent to 140,468 vehicles from the 133,948 units sold in the same period of 2009. MINI Brand Sales MINI USA reported sales of 3,950 automobiles, a decrease of 5.4 percent from the 4,176 cars sold last year. Year-to-date, MINI USA also reported sales of 38,538 automobiles, a decrease of 1.6 percent from the 39,172 units sold in the same period of 2009.
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11-02-2010, 02:33 PM | #2 |
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Very interesting. I didn't expect the 1 and 3 series to be doing so well YTD vs year ago. Nor did I expect the 7 series to have sold much more in 2010 vs 2009! Thanks for sharing
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11-02-2010, 02:57 PM | #4 |
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The new 5 proves to be doing very well as expected...a couple months of low volume sales while transitioning from E60 to F10 and only 3k units off the mark YTD from 2009.
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11-02-2010, 03:07 PM | #5 |
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looks like the 1 series is a hit, it makes sense though; mid-luxury sports car combined with affordable pricing will make consumers very interested. There are no other cars that "really" compete against this one car.
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11-02-2010, 03:21 PM | #6 |
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My knowledge of this industry is very very limited. But I'd go on a limb and say that despite the overall growth in units sold, BMW may have some challenges reflected in the numbers. Except for the 1 and 5 series, they are lagging in every other segment. The '1' is a fantastic car/looker hitting a sweet spot of price/demographics. And the 5 is a new model and is therefore expected to show substantial growth over sales figures from previous years (especially considering that the 5 is their biggest money maker).
BMW set aggressive goals for future growth. North America may become a drag on their aspirations. |
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11-02-2010, 03:27 PM | #7 | |
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11-02-2010, 03:42 PM | #8 |
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Glad to see the 1-series doing so well. I wonder how many 135i's are in that. If there wasn't a 1-series, most likely I would have gone with another brand. But I think now I'm hooked on BMW.
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11-02-2010, 04:10 PM | #10 | |
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And last but certainly not least...the all new F30 3-series.
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11-02-2010, 04:44 PM | #12 |
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yikes, is the clubman in between productions?....it's not doing so hot
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11-02-2010, 05:03 PM | #13 |
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I'm still "witnessing" to people nearly 5 years after purchase.
To date, I've convinced 4 people to buy, (another should any day now, and one wanted to, but had financing "issues" lol). Spread the Joy!
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11-02-2010, 08:56 PM | #16 |
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in a market where even giants like toyota are seeing 30-35% decreasing in sales (due to recall? who knows..) these numbers are quite phenomenal. Especially the 1-series segment, BMW has established quite a niche with that one. Good share!
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11-03-2010, 01:34 AM | #18 |
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oh my x6
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