According to Autonews, citing Germany’s Manager Magazin (which cited BMW company sources), BMW’s goal is to sell 2 million cars annually by 2016 and upwards of 2.5 or 2.6 million vehicles by 2020.
BMW sold 1.46 million vehicles in 2010 (source), so these goals would represent an increase of over half a million annual vehicle sales over just four years time and over 1 million annual vehicle sales increase in eight years.
How does BMW plan to achieve these lofty sales figures? With a focus on its new range of small cars, which will include the future range of FWD BMWs, and electric vehicles (including the i3 and i8).
To accomodate the expected large increase in production, BMW will be adding to its production capacity aggressively by opening new … CONTINUED
The BMW Group in the U.S. (BMW and MINI combined) reported June sales of 26,865 vehicles, an increase of 15.1% from the 23,331 vehicles sold in the same month a year ago.
Year-to-date, BMW Group is up 18% on sales of 143,521 in the first six months of 2011 compared to 121,585 in the same period in 2010.
“With all that’s gone on in the world in the last month, our own economy and auto market are still volatile places so you’d better have the right models and business strategy to attract customers in this environment,” said Jim O’Donnell, CEO, BMW of North America. “We’ve been fortunate to have both and that’s why we’re in the market leading position for the first half of 2011 and more new … CONTINUED
The BMW Group continued its successful course worldwide in September. With 142,950 BMW, MINI and Rolls-Royce brand automobiles delivered to customers, sales were 16.8% higher than in the same month last year. In addition, BMW X6 sales have hit 100,000!
BMW AG surpassed August’s global sales volumes for its core brand not just versus last year’s month but for those of 2007 and 2008 as well, underlining the strength of the recovery in the premium car market.
BMW said today that it sold more vehicles in China in the first eight months through August than it did for the entire year of 2009.
Global sales of BMW brand vehicles rose 16.3 percent last month to about 88,000 units.
That brought the cumulative total year-to-date to 775,262 BMW brand vehicles, for a gain of 14.0 percent.
“We are seeing a stable upward trend and are gradually regaining the level we had prior to the economic and financial crises,” BMW group sales chief Ian Robertson said in a statement.
“For the first time, … CONTINUED