BMW Group posts 59% hike in September sales in China to 29,631 units

Article by Anita Panait, on October 6, 2012

BMW Group logged a 59-percent year-on-year increase in new-car sales in China in September 2012, delivering a total of 29,631 BMW- and Mini-brand vehicles in the country during the period. BMW Group’s latest delivery surge in China helped the carmaker post a 37-percent year-on-year hike in new-car sales for the first nine months of 2012, according to company spokeswoman.

BMW’s strong performance in China this September is considered to have helped relieve worries that the Chinese automotive market is cooling too quickly. According to David Arnold, an auto-industry specialist with Credit Suisse in London, China is still a growth market, although it is “normalizing,” which is what the industry needs.

According to BMW’s spokeswoman, the carmaker’s sales feat in China was boosted by the strong demand for the extended version of the 3-series sedan and the X1 compact SUV. BMW’s closest rival luxury car makers Audi and Mercedes-Benz also managed to record strong sales in China, despite signs that the country’s economy is cooling down.

Audi posted a 20-percent increase in sales in China in September 2012 to 35,512 vehicles. Mercedes, on the other hand, logged a 10-percent jump in sales in the period to 16,806 cars and SUVs. China's services industry expanded at the slowest pace in over a year in September 2012, while manufacturing has shrunk for 11 consecutive months.

Topics: bmw, sales, china

If you liked the article, share on:

Comments

Recommended

Ferrari is cooking up something interesting for us. The last time they released the 488 GTB was two years ago, followed by a 488 Spider and several versions of it....
by - April 26, 2017
After launching the latest version of the BMW M550i xDrive, the German carmaker is now introducing its diesel counterpart -- the new M550d xDrive (G30/G31). Available either as a sedan...
by - April 26, 2017
A lot of news has been going around about the 2018 Dodge Challenger SRT Demon lately, and people are arguing whether the 840 horsepower vehicle by Fiat Chrysler should be...
by - April 26, 2017
Ford Motor Company revealed that the Mustang is the world’s best-selling sports car for 2016. This is in addition to being the best-selling sports car in the U.S. for five...
by - April 26, 2017
Bad news for BMW, their new flagship sedan, the 2017 BMW M760Li xDrive is already being recalled not so long after its release. Why so soon, you ask? Well, an...
by - April 26, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries