bmw drives to new sales record
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

but still lags Mercedes

BMW drives to new sales record

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice BMW drives to new sales record

BMW
london - Emiratesvoice

German high-end carmaker BMW said Friday it booked record sales for the seventh year in a row in 2017, but continued to trail rival Mercedes-Benz.

The Munich-based group said in a statement that sales of its core BMW-brand cars rose by 4.2 percent to almost 2.1 million last year. 

Growth was primarily driven by the strong performance of its X-series SUVs and updated 5-series limousines, the statement said. 

While sales in China grew by 15 percent, European sales edged forward by one percent and business in the Americas declined by two percent.

Despite the record performance, BMW was still unable to catch up with Mercedes, which held on to the pole position in the luxury segment with sales of 2.3 million units last year.

Nevertheless, sales chief Ian Robertson insisted that the BMW group as a whole was "the world's leading premium automotive company".

Taking into account sales of BMW's Mini and luxury Rolls-Royce units, the group sold some 2.46 million vehicles worldwide last year.

By comparison, Mercedes-Benz and its Smart brand sold 2.42 million units.

Also on Friday, Volkswagen subsidiary Audi -- another Bavarian contender in the high-end segment -- reported sales up just 0.6 percent year-on-year in 2017, at almost 1.9 million vehicles.

Audi's sales were near flat in Europe and grew only one percent in China.

But shipments of cars with the four-rings logo surged 7.8 percent in the United States, where Audi has in recent years made headlines for its role in VW's 'dieselgate' emissions cheating scandal.

German carmakers have responded to repeated embarrassments over emissions by promising dozens of new electric and hybrid models in the coming years.

The nation's proudest industry must also clean up its act to meet tougher rules on greenhouse gases and harmful pollutants in future.

BMW said it hit a self-imposed target to sell more than 100,000 electric and hybrid vehicles in 2017 across its own-brand and Mini ranges.

Shares in BMW added one percent to 89.59 euros in trading on the Frankfurt stock exchange on Friday morning. 

Volkswagen shares were untroubled by Audi's sluggish performance, gaining 0.75 percent to 179.14 euros, while the overall DAX index of blue-chip German shares was flat.

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 08:32 2018 Saturday ,20 January

in VW's next-generation Golf

GMT 05:13 2018 Friday ,19 January

Trucks and SUVs are king

GMT 07:31 2018 Thursday ,18 January

BMW aims to reignite US car sales

GMT 06:43 2018 Tuesday ,16 January

Yamaha motorcycle comes on command
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bmw drives to new sales record bmw drives to new sales record

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bmw drives to new sales record bmw drives to new sales record

 



GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 05:17 2024 Wednesday ,07 February

Amazon to open first cashierless shop

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 12:10 2016 Monday ,30 May

French Open braced for washout

GMT 22:24 2018 Monday ,08 January

Police arrest Israeli organ smuggling 'mastermind'

GMT 08:05 2017 Monday ,16 October

Cabinet Affairs Minister receives Iraqi ambassador

GMT 23:05 2017 Thursday ,25 May

Sharjah body calls for intensified

GMT 10:52 2015 Wednesday ,25 March

Sheikha Manal to host Art Exhibition

GMT 00:36 2017 Sunday ,19 March

World’s fastest free Wi-Fi at Dubai Airports

GMT 04:15 2011 Tuesday ,15 November

McGowan in Dolce&Gabbana dress

GMT 15:34 2012 Thursday ,29 November

Katy Perry announces fragrance partnership

GMT 18:31 2016 Tuesday ,05 April

Ras AL Khaimah to host young global leaders debate

GMT 14:50 2017 Wednesday ,08 November

UAE construction projects' value rises to almost Dh3T

GMT 21:05 2017 Saturday ,09 September

Pakistan among top 50 countries with high terror
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice