To the extent that historical press releases reference BMW Manufacturing Co., LLC as the manufacturer of certain X model vehicles, the referenced vehicles are manufactured in South Carolina with a combination of U.S. origin and imported parts and components.
PressClub USA · Article.
BMW GROUP WORLDWIDE REPORTS SALES INCREASE FOR YEAR TO OCTOBER
Fri Nov 07 17:30:00 CET 2008 Press Release
Ongoing consumer reticence in key sales markets +++ Sales down 8.3% in October +++MINI still fastest-growing premium brand +++ 500,000 BMW X3 delivered
Ongoing consumer reticence in key sales markets +++ Sales down 8.3% in October
+++
MINI still fastest-growing premium brand +++ 500,000 BMW X3 delivered
Munich. The BMW Group has increased its year-to-date sales by 0.7% compared
with the same period last year. The number of BMW, MINI and Rolls-Royce brand
automobiles sold rose by 8,492 vehicles to 1,226,990 units (prev.yr.:
1,218,498). Faced with persistently challenging market conditions and ongoing
consumer reticence in Western Europe, Japan and the United States, the company
saw sales decrease 8.3% in October, to 113,005 deliveries worldwide.
Ian Robertson, Member of the Board of Management of BMW AG responsible for
Sales and Marketing: "Faced with the extremely challenging conditions in the
automotive markets, we no longer expect to exceed last year's record sales for
the full year. In most Western European markets, Japan and the United States,
sales for October were again lower than those for the same month last year.
Equally the retail gains made in our growth markets were unable to fully offset
those reductions. We have adjusted our production output to reflect the market
and remain focussed on balancing supply and demand in the forthcoming months."
1,023,743 BMW brand automobiles were delivered to customers (prev.yr.:
1,034,815 /-1.1%) in the period to the end of October. In the first ten months
of 2008, MINI sales climbed 10.5% to reach a total of 202,302 units (prev.yr.:
182,997) - which means the MINI brand is still the world's fastest-growing
premium brand. Rolls-Royce was also able to make major gains during this period
- 945 (prev.yr. 686) automobiles were delivered to customers: an increase of
37.8%.
The BMW brand sold 95,502 (prev.yr.: 105,178) vehicles worldwide in October
(-9.2%). Sales of the BMW 1 Series continued to perform very well in the month
under review (17,897 / +21.5%). With 13,558 vehicles delivered, more than three
quarters of the BMW 1 Series sold in October were the three-door and five-door
versions. Some 2,066 customers purchased the BMW 1 Series Convertible, launched
in April of this year; while the BMW 1 Series Coupé, available since November
of last year, was sold to 2,273 customers in the month under review. October
2008 also marked a milestone for the BMW X3: Just five years after the launch
of the compact Sports Activity Vehicle (SAV), the 500,000th BMW X3 was
presented to its new owner. With its sporty handling, the X3 continues to set
the standard in the segment for compact premium off-roaders.
Since the production of the current MINI Convertible ended in August, the final
units are gradually being removed from stock. Nonetheless during the past month
498 MINI Convertibles were still delivered to customers (prev..yr.: 2,147 /
-76.8%). However, fans of the MINI Convertible will have to wait for the new
model to be launched in the first half of 2009. Due to this temporary
interruption in the MINI model programme, deliveries of the brand were 3.4%
lower in October than for the same month last year. In the month under review,
MINI delivered a total of 17,385 vehicles worldwide (prev.yr.: 17,989).
Last month the company once more reported particularly strong growth in the
emerging markets of China (5,280 vehicles / +35.6%), Russia (1,707 / +39.7%)
and India (220 / +10.0%). In Western Europe (62,017 / -11.6%), the United
States (25,475 / -5.0%) and Japan (2,975 / -28.7%) the weakening economy caused
sales for October to decline. In the home market Germany, the second largest
automobile market for the BMW Group, deliveries of 25,764 vehicles were on par
with last year's level (-0.2% / prev.yr.: 25,842). The BMW brand rose by 1.1%
to 23,531 vehicles (prev.yr.: 23,286) while MINI recorded a decrease of 12.0%
(2,233 vehicles / prev.yr.: 2,538). As a result the company performed better in
October than the total market in Germany, which shrank by more than 8%.
Motorcycle sales totalled 7,714 vehicles (prev.yr.: 6,907 / -11.7%) in the
month under review. 88,464 motorcycles were delivered to customers (prev.yr.:
89,686 / -1.4%) in the period to the end of October.
BMW Group sales in/up to October 2008 at a glance
In October 2008 Comp. with previous year Up to and incl. October 2008
Comp. with previous year
BMW Group Automobiles 113,005 -8.3% 1,226,990 +0.7%
BMW 95,502 -9.2% 1,023,743 -1.1%
MINI 17,385 -3.4% 202,302 +10.5%
Rolls-Royce 118 +10.3% 945 +37.8%
BMW Motorcycles 7,714 +11.7% 88,464 -1.4%