The group increased car deliveries by 3.5% to 240,659 in March, which brought the Q1 number to 557,605, an increase of 5.9%. Delivery growth of the BMW brand was up by 2.9% to 201,352 in the last month (+6% to 478,743 ytd) and that of the Mini by 6.6% to 39,061 (+5.4% to 78,311 ytd). Positive Q1 growth was achieved in both Europe (+9.5% to 256,973) and Asia (+10% to 182,982) while deliveries fell by 8.6% to 100,081 in the Americas. It is the US market where the company has suffered as of late
12 Apr 2016
Delivery growth is moderating
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Delivery growth is moderating
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
12 Apr 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group increased car deliveries by 3.5% to 240,659 in March, which brought the Q1 number to 557,605, an increase of 5.9%. Delivery growth of the BMW brand was up by 2.9% to 201,352 in the last month (+6% to 478,743 ytd) and that of the Mini by 6.6% to 39,061 (+5.4% to 78,311 ytd). Positive Q1 growth was achieved in both Europe (+9.5% to 256,973) and Asia (+10% to 182,982) while deliveries fell by 8.6% to 100,081 in the Americas. It is the US market where the company has suffered as of late