Crisis? What Crisis? BMW Has Another Record Month

While carmakers in France and Italy complain about overcapacities in a declining European market, makers of German premium cars are reporting sales records. After astounding growth at Mercedes, BMW now announces its best ever February. The BMW Group sold 127,634 BMW, MINI and Rolls-Royce cars worldwide in February, a gain of14.2 percent. BMW notes a "particularly strong demand for all BMW X models last month." BMW sold 9,059 X1, 11,053 X3, 8,194 X5, and 3,414 X6. Of the MINI, 20,020 were sold. Rolls-Royce sales remained unmentioned. Drivers of the growth: The usual suspect China (+38.8 percent,) and the unusual suspect U.S.A. (+31.5 percent.) from The Truth About Cars http://www.thetruthaboutcars.com

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