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BMW Group Reports Both Strong September and Year-to-Date Sales

Sales Numbers Indicate Record Month for Pre-Owned Vehicles and Mini Brand

By Newshound, published Oct 03, 2007
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The BMW Group in the United States has released their September sales numbers and they are good news for the company and their stock holders. The BMW Group reported strong year to date increases in sales and in September sales compared with September 2006. The BMW Group in the United States is made up of both the BMW brand as well as the MINI brand. The BMW double group released a press release recently to announce the good news for the company. The BMW Group was led in sales volume by their Series 3 (over 80,000 units sold) and Series 5 (over 35,000 units sold) vehicles.

The BMW Group is reporting an overall increase of 8.1 percent in sales for the year compared with the sales at this same point last year. In September of 2007 their sales are seven percent higher than they were in the month of September last year.

The BMW brand is up 9.2 percent in sales through the first three quarters of 2007 when compared with the first three quarters of 2006. The brand also had strong sales in September 2007 compared with the same month one year ago, in the amount of a 7.7 percent increase.

The one sector of the BMW Group that struggled in September was the BMW Sports Activity Vehicles. Compared with last September their sales were down a full 12.2 percent. Despite the poor comparison in the month of September, sales for the year for BMW Sports Activity Vehicles are up by 4.6% overall through the first three quarters of this year when compared with last year.

The poor showing in September by the Sports Activity Vehicles was offset for the BMW Group by the record setting month that the Certified Pre-Owned sector had. 7,421 Certified Pre-Owned BMW vehicles were sold in September which was the best September in the history of the company. This was an increase of 25.5 over last September's sales. Overall yearly sales are up as well, but only slightly at .6 percent over 2006 through three quarters of the year.

BMW Group Reports Both Strong September and Year-to-Date Sales
Takeaways
  • BMW Group reported a year to date increase in sales of 8.1 % compared with this time last year.
  • BMW Group's 2007 September sales were 7% higher than September 2006.
  • BMW's Certified Pre-Owned division recorded their best September ever.
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great work!

Posted on 10/03/2007 at 10:10:00 AM

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