BMW Global Sales Top a Million for First Half of 2014
courtesy of The Car Spy, via Wikimedia CommonsFor the first time in its history, BMW has sold more than a million cars in the first six months of the year. Through June 2014, the company delivered 1.02 million vehicles, up…
For the first time in its history, BMW has sold more than a million cars in the first six months of the year. Through June 2014, the company delivered 1.02 million vehicles, up 6.9% year-over-year. Sales in June rose 4.8% to 193,342.
The BMW Group includes the flagship BMW line, the Mini brand and Rolls-Royce. The company sold 886,347 BMW vehicles in the first six months of the year, up 10.2% year-over-year. The best-selling 3 Series saw a sales increase of 7.8% in the first half of the year to 233,438 cars. Sales of the company’s 5 series rose 7.6% year-to-date to 193,560.
The company delivered 1,241 of its i3 electric vehicles in June, bringing the total for the car to just under 5,400 for the year-to-date.
Sales of the Mini are down 11.4% year-to-date at 131,896, but the company expects its new hatchback model introduced in March to push sales higher as the year goes on. The company also sold 1,968 Rolls-Royce cars in the first half of the year, up 33.4% year-over-year.
By geography, U.S. sales rose 5.1% to 220,764 for combined sales of BMW and Mini, and sales in Mexico rose 6.2%. The company delivered 225,035 BMW and Mini cars in China for the first six months of 2014, up 23.1% year-over-year. European sales rose 2.1% for the six-month period to 445,808 BMW and Mini vehicles.
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
