06-01-2012, 01:05 PM | #1 |
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BMW US May 2012 Sales Up 7.1%
BIMMERPOST NEWS BMW US May 2012 Sales Up 7.1% BMW Group U.S. Reports May 2012 Sales 01.06.2012 BMW brand up 13.8 percent year-to-date MINI brand up 6.0 percent year-to-date Woodcliff Lake, NJ – June 1, 2012… The BMW Group in the U.S. (BMW and MINI combined) reported May sales of 28,321 vehicles, an increase of 7.1 percent from the 26,452 vehicles sold in the same month a year ago. Year-to-date, BMW Group is up 12.2% on sales of 130,843 in the first five months of 2012 compared to 116,656 in the same period in 2011. “The auto business looks to be the strongest part of the economy right now with both BMW and MINI keeping up the sales momentum to give BMW Group in the U.S. it’s best May since 2008,” said Ludwig Willisch, President and CEO, BMW of North America, LLC. “Our optimism for rest of the year is fueled by the new BMW models on their way to market and improving availability so that we can meet demand.” BMW Brand Sales Sales of BMW brand vehicles increased 7.3 percent in May for a total of 22,168 compared to 20,651 vehicles sold in May, 2011. Year-to-date, the BMW brand is up 13.8 percent on sales of 104,779 compared to 92,068 sold in the first five months of 2011. In May, best performing vehicles included the 5 Series, up 45.3 percent to 6,102 units; and the 6 Series, up 159.9 percent to 725 units; and the Sports Activity Vehicle segment (X3, X5 and X6), up 23.8 percent to 6,939 units. BMW Pre-Owned Vehicles In May, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 7.4 percent to 13,930 vehicles from the 12,975 vehicles sold in May 2011. January through May, BMW used vehicle sales are up 3.1 percent on volume of 68,792 compared to 66,710 in the same period of 2011. MINI Brand Sales MINI USA reported sales of 6,153 automobiles in May, an increase of 6.1 percent from the 5,801 sold in May 2011. Year-to-date, MINI sales in the U.S. are up 6.0 percent on volume of 26,064 compared to 24,588 in the first five months of 2011. |
06-01-2012, 01:26 PM | #2 |
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who has brought their stock ?
i have been wanting to buy BMW stocks since last year... i should have... if anyone, how much did you buy them for ?
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06-01-2012, 02:55 PM | #3 | |
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06-01-2012, 09:36 PM | #5 |
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I understand why the headline of this article tries to focus on the positive (overall brand sales increase year over year), but there's a lot of bad news buried in the details.
I'm worried that BMW has jeopardized the 3 Series, their core car and their traditional volume leader. 3 Series sales are down 22% year over year with a brand new sedan design in the dealer showrooms -- that's a very bad sign for the F30 and BMW in general. I believe the lines strategy for the F30 and the uncompetitive equipment packing is coming back to haunt BMW. The F30 feels like a bridge too far -- too much technology and not enough traditional BMW feel to justify the premium pricing. BMW has adjusted the equipment packages to some extent for MY2013, but the savings are not substantial. I believe they're going to need to do more to prop up sales. Here in Southern California, I see new C250s everywhere, but I'm not seeing many new F30s -- only 3 spotted so far in the last 3 months. One more interesting stat: the ratio of 3 Series sales to 1 Series sales in May 2011 was roughly 20 to 1 -- in May 2012, it was roughly 10 to 1. Other thoughts? |
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06-01-2012, 11:41 PM | #6 | |
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06-02-2012, 12:28 AM | #7 | |
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06-02-2012, 05:11 AM | #9 |
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That was my problem. Talked to CA about a new car, but the deal was bad and they wouldn't budge, even though I've been a loyal customer with them for years. Shopping around now.
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06-02-2012, 12:47 PM | #11 |
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Maybe the 3 is just too big and buyers get either the 5 or the 1. I felt that....and I just ordered a 1.
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06-03-2012, 01:48 AM | #12 | |
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When my lease is up, I'm more likely to look at a 2013 1 Series than a 3 Series -- I already think my E92 is a bit big and heavy and my wife's F30 feels even bigger and far more ponderous. |
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06-04-2012, 12:18 AM | #13 | |
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Wait til the second half of 2012. You'll see more telling results. Then you will know weather or not the F30 is a hit with consumers. |
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06-05-2012, 04:08 AM | #14 | ||
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