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BMW sees record sales thanks to China demand

BBC News -- German luxury carmaker BMW has posted record quarterly sales for the first three months of the year, a period in which it sold more cars in China than in the US for the first time.

Overall sales hit 425,528 vehicles, a rise of 11.2% on a year earlier, with the BMW, Rolls-Royce and Mini brands all reporting record sales.

The company sold 80,014 cars in China, 37% more than a year ago.

BMW said it expected record sales to continue throughout this year.

"The BMW Group achieved an all-time high in sales last month and the best quarter in its history," said sales boss Ian Robertson.

The carmaker is due to publish its first quarter financial results on 3 May

In 2011, BMW profits jumped by 51% to 4.9bn euros ($6.4bn; £4bn).

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Submitted Apr 12, 2012 By: dasAuto

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sluggopyle Champion Author North Carolina Posts:23,608 Points:1,075,890 Joined:Dec 2005	Message Posted: Apr 17, 2012 6:48:39 AM Ignore sluggopyle Report Abuse => BMW = Bavarian Manure Wagon. <= I've also heard "Bring Many Wrenches"; "B1tch Magnet on Wheels" and "Bought My Wife". Still can't get over how the writer seems to think BMW is a "luxury car maker". I drive one of their products and it's definitely not a luxury car. Thank god.
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Apr 17, 2012 3:56:47 AM Ignore honda0105 Report Abuse awww yes, and now there is a BMW 7-series recall for transmission issues.
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Apr 16, 2012 3:53:28 AM Ignore honda0105 Report Abuse BMW = Bavarian Manure Wagon. Used to be a lot better.
dave27johnson Champion Author Chicago Posts:1,788 Points:409,345 Joined:Feb 2012	Message Posted: Apr 15, 2012 10:35:31 AM Ignore dave27johnson Report Abuse Good for BMW.
clpassenubye Champion Author Los Angeles Posts:3,359 Points:754,355 Joined:Mar 2011	Message Posted: Apr 13, 2012 11:56:44 AM Ignore clpassenubye Report Abuse good cars
sparky808 Champion Author Honolulu Posts:3,008 Points:599,685 Joined:Sep 2011	Message Posted: Apr 13, 2012 11:14:32 AM Ignore sparky808 Report Abuse Thank you for posting.
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Apr 12, 2012 9:41:50 PM Ignore frostyWV Report Abuse good for them.
drz614 Champion Author Harrisburg Posts:2,304 Points:598,595 Joined:Aug 2011	Message Posted: Apr 12, 2012 9:40:52 PM Ignore drz614 Report Abuse ok
DriverofRed Champion Author Calgary Posts:2,178 Points:412,860 Joined:Dec 2011	Message Posted: Apr 12, 2012 9:37:38 PM Ignore DriverofRed Report Abuse good for them
gatekeepertwo Veteran Author Wilmington Posts:389 Points:187,120 Joined:Mar 2011	Message Posted: Apr 12, 2012 9:31:49 PM Ignore gatekeepertwo Report Abuse who are the buyers? I bet they are not the working class. Are the buyers businesses that took American jobs by paying the workers a pittance? I thinkbit's the use of unfair business tactics that allows these buyers to afford these cars.
Mr Tex All-Star Author Dallas Posts:877 Points:2,494,385 Joined:Jan 2004	Message Posted: Apr 12, 2012 9:19:11 PM Ignore Mr Tex Report Abuse But how many can the Chinese buy?
blk911 Champion Author Colorado Springs Posts:2,923 Points:771,115 Joined:Nov 2004	Message Posted: Apr 12, 2012 9:11:53 PM Ignore blk911 Report Abuse Because the dollar is cheap.
whaboush Champion Author Richmond Posts:1,233 Points:731,860 Joined:Nov 2010	Message Posted: Apr 12, 2012 9:11:10 PM Ignore whaboush Report Abuse Dollar sucks right now.
LilRedWagonIN Champion Author Indiana Posts:7,781 Points:1,556,110 Joined:Oct 2008	Message Posted: Apr 12, 2012 9:10:20 PM Ignore LilRedWagonIN Report Abuse China is buying everything with U.S. dollars.
serrog Champion Author Nova Scotia Posts:5,569 Points:1,513,105 Joined:Oct 2008	Message Posted: Apr 12, 2012 9:08:29 PM Ignore serrog Report Abuse Sell junk; buy quality
DEG Champion Author Las Vegas Posts:17,625 Points:3,495,680 Joined:Jul 2003	Message Posted: Apr 12, 2012 9:03:54 PM Ignore DEG Report Abuse Good for BMW.
OOXXFF Champion Author Greensboro Posts:3,068 Points:1,080,380 Joined:Sep 2009	Message Posted: Apr 12, 2012 9:01:50 PM Ignore OOXXFF Report Abuse Good for BMW and good for China, I think.
nimpy Champion Author Indianapolis Posts:8,140 Points:1,702,080 Joined:Oct 2007	Message Posted: Apr 12, 2012 8:57:38 PM Ignore nimpy Report Abuse china is driving all the prices up
BigBob12345 Champion Author Gasbuddy Posts:1,521 Points:304,730 Joined:Aug 2011	Message Posted: Apr 12, 2012 8:55:29 PM Ignore BigBob12345 Report Abuse China soon is going to have a BIG problem with inflation.
warlord1 Champion Author Georgia Posts:5,250 Points:1,034,975 Joined:May 2010	Message Posted: Apr 12, 2012 8:54:54 PM Ignore warlord1 Report Abuse ok
jjjleblanc Champion Author Rochester Posts:5,877 Points:1,519,305 Joined:Jun 2008	Message Posted: Apr 12, 2012 8:54:32 PM Ignore jjjleblanc Report Abuse It would be great if they keep it up all year.
photobuddy Champion Author Washington Posts:1,620 Points:370,255 Joined:Feb 2012	Message Posted: Apr 12, 2012 8:52:03 PM Ignore photobuddy Report Abuse were paying to much for junk made in china.
tidalwave3 Champion Author Tallahassee Posts:1,305 Points:1,464,545 Joined:Jun 2008	Message Posted: Apr 12, 2012 8:49:03 PM Ignore tidalwave3 Report Abuse A lot of BMW's are smaller cars for shorter Chinese
DustyHorse Champion Author Virginia Posts:6,090 Points:1,392,330 Joined:Oct 2008	Message Posted: Apr 12, 2012 8:42:55 PM Ignore DustyHorse Report Abuse Wow, I guess the exchange rate is favorable.
us4usa Champion Author Missouri Posts:5,993 Points:1,113,430 Joined:May 2008	Message Posted: Apr 12, 2012 8:39:48 PM Ignore us4usa Report Abuse So this is what happens then people have extra money to spend??? They buy over priced vehicles, too bad the volt not sold there...
paulydel Champion Author Delaware Posts:8,789 Points:847,900 Joined:Jan 2008	Message Posted: Apr 12, 2012 8:32:43 PM Ignore paulydel Report Abuse I'll stick to my Fords.
aquarinut Champion Author British Columbia Posts:1,628 Points:436,855 Joined:Jul 2011	Message Posted: Apr 12, 2012 8:32:38 PM Ignore aquarinut Report Abuse "Overall sales hit 425,528 vehicles". And what is the population of China???
skybiker Champion Author South Carolina Posts:7,297 Points:1,560,265 Joined:Jul 2008	Message Posted: Apr 12, 2012 8:31:36 PM Ignore skybiker Report Abuse It's all the money we sent to China....
jb107 Champion Author New Jersey Posts:9,554 Points:2,622,875 Joined:Sep 2005	Message Posted: Apr 12, 2012 8:29:42 PM Ignore jb107 Report Abuse Where are the Chinese coming up with all this money?
skyking19 Champion Author Little Rock Posts:2,001 Points:1,699,815 Joined:Jan 2007	Message Posted: Apr 12, 2012 8:27:13 PM Ignore skyking19 Report Abuse Chinese are really buying into capitalism.
taxiken Champion Author Twin Cities Posts:5,950 Points:1,547,725 Joined:Feb 2003	Message Posted: Apr 12, 2012 8:23:19 PM Ignore taxiken Report Abuse What does the Germans selling to the Chinese have to do with us?
danreino Champion Author Twin Cities Posts:8,358 Points:1,541,705 Joined:Mar 2008	Message Posted: Apr 12, 2012 8:23:10 PM Ignore danreino Report Abuse Decreed by Kubla Khan ?
nvwarped All-Star Author Corpus Christi Posts:893 Points:455,250 Joined:Sep 2011	Message Posted: Apr 12, 2012 8:22:15 PM Ignore nvwarped Report Abuse ok
abcdMA Champion Author Worcester Posts:7,927 Points:1,575,955 Joined:Nov 2008	Message Posted: Apr 12, 2012 8:16:46 PM Ignore abcdMA Report Abuse of course!
Ken2OD Champion Author Grand Rapids Posts:9,077 Points:1,972,915 Joined:Dec 2005	Message Posted: Apr 12, 2012 8:10:37 PM Ignore Ken2OD Report Abuse I did not realize that there were that many rich Chinese able to afford BMW's. It is waaaaay out of my price range.
UWHusky Rookie Author Toledo Posts:48 Points:18,115 Joined:Apr 2012	Message Posted: Apr 12, 2012 8:09:42 PM Ignore UWHusky Report Abuse yay BMW
dancygreen Champion Author Twin Cities Posts:2,063 Points:485,760 Joined:Sep 2011	Message Posted: Apr 12, 2012 8:08:27 PM Ignore dancygreen Report Abuse ok
altima2008 Champion Author Philadelphia Posts:8,165 Points:1,737,990 Joined:Apr 2008	Message Posted: Apr 12, 2012 8:07:35 PM Ignore altima2008 Report Abuse Nobama motors meanwhile is going backwards.
Beaveronparade Champion Author Hartford Posts:2,105 Points:635,825 Joined:Mar 2011	Message Posted: Apr 12, 2012 8:03:22 PM Ignore Beaveronparade Report Abuse That's is a whole ton of cars, wow! Personally I don't really like the BMW's but I guess this is a good thing for them.
nj2000ng Champion Author Houston Posts:1,507 Points:449,020 Joined:Jan 2010	Message Posted: Apr 12, 2012 8:02:39 PM Ignore nj2000ng Report Abuse good for them
luvmyburgi Champion Author Ohio Posts:5,830 Points:960,220 Joined:Sep 2005	Message Posted: Apr 12, 2012 8:02:32 PM Ignore luvmyburgi Report Abuse Now that is interesting.
hcivic Champion Author Virginia Posts:3,854 Points:2,265,715 Joined:Aug 2005	Message Posted: Apr 12, 2012 8:01:40 PM Ignore hcivic Report Abuse wow, in China of all places
camaro_man Champion Author Kitchener-Waterloo Posts:2,234 Points:611,935 Joined:Jun 2010	Message Posted: Apr 12, 2012 7:59:49 PM Ignore camaro_man Report Abuse wow
WIPACKERFAN Champion Author Chicago Posts:8,809 Points:1,844,425 Joined:Aug 2005	Message Posted: Apr 12, 2012 7:58:48 PM Ignore WIPACKERFAN Report Abuse Good for BMW.
TRYWI All-Star Author Appleton Posts:898 Points:282,150 Joined:Jan 2012	Message Posted: Apr 12, 2012 7:57:49 PM Ignore TRYWI Report Abuse okay
fenster66 Champion Author Pittsburgh Posts:3,355 Points:675,065 Joined:May 2011	Message Posted: Apr 12, 2012 7:57:21 PM Ignore fenster66 Report Abuse good for BMW...
darkknight1 Champion Author Winston-Salem Posts:4,340 Points:896,810 Joined:Nov 2010	Message Posted: Apr 12, 2012 7:51:15 PM Ignore darkknight1 Report Abuse hmmmm, I wonder if all the Chinese can afford these or just those who support their leaders.
marlita Champion Author Dayton Posts:3,312 Points:785,130 Joined:Mar 2010	Message Posted: Apr 12, 2012 7:42:27 PM Ignore marlita Report Abuse good for them
OWENALOTT Champion Author Appleton Posts:2,182 Points:500,095 Joined:Apr 2011	Message Posted: Apr 12, 2012 7:42:08 PM Ignore OWENALOTT Report Abuse Made in ?
mobil1MN All-Star Author Minnesota Posts:664 Points:1,294,635 Joined:Sep 2007	Message Posted: Apr 12, 2012 7:38:24 PM Ignore mobil1MN Report Abuse great