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ˆ56.02bn sales boom for BMW

bmw
[01/30/2008] The German luxury car maker BMW said Wednesday that its 2007 sales had climbed by 14% to ˆ56.02bn.
The German luxury car maker BMW said Wednesday that its 2007 sales had climbed by 14% to ˆ56.02bn.

The company said it expected to set a new sales record this year, with "strong" growth in the first half and more moderate results in the second.

BMW's auto division turned in a 13% sales increase to ˆ53.8bn in 2007, while motorcycle sales fell by 2.9%, and its small financial services unit grew by 26%.

In early January, the group said it had sold 1.5 million vehicles last year.

For 2008, "we expect another record figure for deliveries," a BMW statement quoted chief executive Norbert Reithofer as saying.
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