BMW Group starts new year with momentum

15.02.2010: 16.6% sales growth in January All three brands make substantial gains The BMW Group began the new year with a strong increase in sales of 16.6%. A total of 82,120 BMW, MINI and Rolls-Royce

16.6% sales growth in January
All three brands make substantial gains


The BMW Group began the new year with a strong increase in sales of 16.6%. A total of 82,120 BMW, MINI and Rolls-Royce automobiles were delivered to customers worldwide in January (prev. yr. 70,419)
.

Ian Robertson, member of the Board of Management of BMW AG, responsible for Sales and Marketing: “We started the new year well with healthy growth in sales, and are continuing the upward trend of the last few months. We have set ourselves ambitious goals for the full year 2010. Thanks to the large number of new, highly-attractive models, such as the new BMW 5 Series and the MINI Countryman, we are aiming for growth in the single-digit percentage range for 2010, and intend to sell more than 1.3 million vehicles.”

In the month under review, sales of BMW brand automobiles climbed 15.9% to a total of 69,852 (prev. yr. 60,262). Strong gains were again reported by the major series, including the BMW 7 Series with 4,742 deliveries (+89.8% / prev. yr. 2,498), and the BMW X5 and X6 models with a combined total of 10,565 (+9.3% / prev. yr. 9,665) deliveries. The BMW Z4 was also among the growth drivers with 1,552 (+278.5% / prev. yr. 410) deliveries.

All three model series remain clear global market leaders in their segments. BMW also made gains with what is traditionally its largest-volume model series: Volumes for the 3 Series rose by 7.1% overall to reach a total of 22,501 (prev. yr. 21,001) deliveries in January. Although its successor model is already preparing for launch in late March, demand for the current BMW 5 Series Sedan is strengthening, with 9,314 customers purchasing this highly-successful model (+4.9% / prev. yr. 8,880) in the past month.

Overall, the BMW 5 Series was able to match the previous year’s level of 11,036 deliveries (-0.1% / prev. yr. 11,042). Ian Robertson: “We have already sold virtually all of the current BMW 5 Series Sedans, so there will be a relatively small volume of final deliveries of this model over the next two months.” Robertson added: “The new BMW 5 Series Sedan is receiving an enthusiastic response from the media and the public.

From the second quarter on, the new model – together with the new, recently launched BMW X1 and BMW 5 Series Gran Turismo models – will give sales a further boost.” The two new models, the BMW 5 Series Gran Turismo and the BMW X1, joined the BMW model range in late October. Although they are not yet available in all major high-volume markets, no less than 4,093 BMW X1 and 933 BMW 5 Series Gran Turismo models were already delivered to customers in January.

The MINI brand also saw a substantial increase in sales volumes in the month under review. With 12,181 (prev. yr. 10,120) units sold, 20.4% more vehicles were delivered. Volumes increased for all three model series. In January 1,191 (+510.8% / prev. yr. 195) MINI Convertibles were delivered to customers. The MINI Clubman was sold to 2,003 customers last month (+5.2% / prev. yr. 1,904), while the MINI recorded 8,987 deliveries worldwide (+12.0% / prev. yr. 8,021).

The Rolls-Royce brand can also look back on a successful start to 2010: Demand for its new model, the Ghost, launched in December, is strong, with definite orders until the middle of the year. In January, Rolls-Royce delivered a total of 87 automobiles to customers (prev. yr. 37) and was able to increase sales volumes by 135.1%.

The BMW Group reported higher retail volumes on all continents in January. A total of 41,087 vehicles were sold in Europe (+2.4% / prev. yr. 40,118).  The major established markets of Western Europe accounted for the largest share of 38,495 units (prev. yr. 37,930 / +1.5%). The emerging markets of Eastern Europe maintained their strong growth rates. With 2,237 vehicles sold, growth in the region reached 18.7% (prev. yr. 1,885). The Russian market also posted a substantial increase in volumes for the first time in months, with 1,129 deliveries (prev. yr. 937 / +20.5%).

The American markets also reported sales growth of 11.6% (18,501 vehicles / prev. yr. 16,572) in January. Middle and South America made gains of 10.4% (836 / prev. yr. 757) and 98.3% (1,057 / prev. yr. 533) respectively; while in the North America region, 8.7% more vehicles were sold (16,608 / prev. yr. 15,282). Despite continued economic difficulties in the US, the BMW Group once again improved its sales figures in its key US market by 7.7% to reach a total of 15,410 vehicles (prev. yr. 14,314) in January.

In the Asia region, 74.6% more vehicles were sold (18,523 / prev. yr. 10,610) last month. The largest Asian market, China, was able to more than double sales volumes, with growth of 122.4% to 11,919 automobiles (prev. yr. 5,360). At 11,369 (prev. yr. 5,200 / +118.6%) vehicles, the BMW brand for the first time exceeded the threshold of 10,000 units sold in one month. Ian Robertson: “We will continue on our growth track in the Chinese market in 2010. Although we already saw a very strong performance there last year, we are once again aiming for growth in the double-digit percentage range.” In Japan, Asia’s second largest market, the BMW Group sold 1,908 units and was therefore able to maintain last year’s level (prev. yr. 1,910 / -0.1%).

In January, BMW Group volumes were also up 21.2% (2,209 deliveries / prev. yr. 1,823) in Africa and 40.3% (1,692 deliveries / prev. yr. 1,206) in Oceania.

The sales performance of the Motorcycle Segment was also positive at the start of 2010. With 3,814 units sold, 2.2% more vehicles were delivered to customers than in the same period last year (3,731).

 

BMW Group sales in January 2010 at a glance

 
In Jan. 2010
Comp. to prev. year

BMW Group Automobiles
                      82,120
            +16.6%
BMW
                      69,852
            +15.9%
MINI
                      12,181
            +20.4%
Rolls-Royce Motor Cars
                            87
         +135.1%
BMW Motorcycles
                        3,814
              +2.2%

The BMW Group is one of the most successful manufacturers of automobiles and motorcycles in the world with its BMW, MINI and Rolls-Royce brands. As a global company, the BMW Group operates 24 production facilities in 13 countries and has a global sales network in more than 140 countries.

The BMW Group achieved a global sales volume of approximately 1.29 million automobiles and over 87,000 motorcycles for the 2009 financial year. Revenues for 2009 totalled euro 50.68 billion. At 31 December 2009, the company employed a global workforce of approximately 96,000 associates.

The success of the BMW Group has always been built on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy. As a result of its efforts, the BMW Group has been ranked industry leader in the Dow Jones Sustainability Indexes for the last five years.



Markus Sagemann

Permanent-URL: http://www.automobilsport.com/finance-bmw-group-new-year-momentum-sales-growth-mini-rolls-royce---76112.html

15.02.2010 / MaP

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