MUNICH - BMW is rumored to Profit doubled in the second quarter, thanks to high sales figures in China. Bamboo Curtain country is indeed known to be very consumptive in the automotive world, and the growth of vehicles every year is always increasing.
BMW is rumored to Profit doubled in the second quarter, due to high sales figures in China
BMW is rumored to Profit doubled in the second quarter, due to high sales figures in China
BMW dominate the premium car class and become the toughest rival Mercedes-Benz. BMW global sales skyrocketing, it is thanks to China which accounts for most sales.
BMW is also in charge of the MINI brand, are reported net profit rose 115 percent. BMW's profit reached 1.8 billion euros. A greatest record ever recorded in the sales of BMW.
"We sincerely hope this business environment remains favorable in the second half of 2011. The total we've sold 450,608 units in worldwide markets," explained a spokesman for BMW, as reported by autoevolution, Wednesday
Sales in China jumped 52 percent and reached 63,300 vehicles in the second quarter. While the local market in Germany, BMW has sold 80,300 units of vehicles. In total BMW's global sales reached 450,608 units.
