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BMW July Sales Rise On Strong China Demand

Date : 08/07/2012 @ 5:50AM
Source : Dow Jones News
Stock : Bay.Motoren Werke AG St (BMW)
Quote : 92.66  -1.24 (-1.32%) @ 11:29AM
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BMW July Sales Rise On Strong China Demand

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German car maker BMW AG (BMW.XE) Tuesday said July global car sales rose 5% on the year primarily due to strong demand in China.


-BMW group July global sales increased to 135,537 cars.

-BMW July group sales in China increased 22.5% on the year to 23,092 cars, while group U.S. sales rose 4.0%.

-In Europe, BMW group sales declined 2.4% to 60,855 cars during the month.

-BMW brand July global sales jumped 4.2% on the year to 113,253 cars.

-Group January-July global sales rose 7.6% to 1,036,088.

-The company sees positive sales growth throughout the second half of the year, BMW sales chief Ian Robertson said.

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500 

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