Friday, April 9, 2010

BMW's China sales jump 100% in Q1

BMW X5

BMW X5

BMW AG, the world's largest premium car maker, said yesterday that its first-quarter sales in mainland China, Hong Kong and Taiwan more than doubled to 34,179 units, Dow Jones Newswires reported.

In the first quarter, sales of BMW- and Mini-brand cars reached 11,902 units and 1,853 units, respectively, the company said.

BMW sold 12,662 vehicles in March, the luxury auto maker said.

The auto maker sold a record 90,536 BMW-brand and Mini-brand cars in mainland China last year, 38% more than the 65,822 it sold in 2008.

For 2010, BMW expects double-digit growth in China, said Ian Robertson, head of sales and marketing.

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