Bmw Q3 sales boosted by the X1 and 5-Series sedan

Article by Christian A., on October 5, 2010

The appeal of BMW’s new X1 sport-utility vehicle and revamped 5-series sedan has caught the attention of numerous customers, making deliveries in the third quarter exceed company’s forecasts.

CEO Norbert Reithofer said that sales of BMW, Mini and Rolls-Royce cars and SUVs increased by about 16% in September to cap a “very good” three-month period.

In September 2009, group deliveries totaled 122,354 vehicles. In July 2010, sales increased by 9.1% and in August, it climbed by 13%.

When asked about the financial expectations for the third quarter, Reithofer begged off and said that he has yet to see the internal figures. BMW aims to sell 2 million cars and SUVs by 2020 and it plans on 10% growth in deliveries this year to 1.4 million vehicles.

At the Paris Auto Show, Reithofer had said that BMW is relying on its upgrades to the 1-series compact and 3-series sedan within the next two years to push sales up regardless of economic developments.

Reithofer said that the front-wheel-drive technology will be fitted in BMW-brand models and will also feature in the Mini small-car lineup. He added that sales volumes for the vehicles could reach 700,000 to 1 million vehicles annually.

If you liked the article, share on:

Comments

Recommended

J.D. Power has officially released the 2017 Vehicle Dependability Study, an annual list of the most dependable brands in the auto industry. Once again coming on top is Lexus, the...
by - February 26, 2017
Citroen revealed that its entry to the Chinese market is moving forward with the planned release of the new generation C5. While still on sale on this part of the...
by - February 26, 2017
There is definitely a second-generation Super Series from McLaren. Even in camouflaged form, it is simply incredible. But while we still don’t have the full data on how truly dynamic...
by - February 25, 2017
A lot of fans are excited with the news that Porsche could be unveiling a performance version of its Panamera 4 E-Hybrid plug-in hybrid during the 2017 Geneva Auto Show. ...
by - February 25, 2017
Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to...
by - February 25, 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