(ABM FN-Dow Jones) BMW saw sales increase slightly in the first quarter of this year and indicated that it is on track with its growth targets for the rest of this year. This emerged from the German carmaker’s figures on Wednesday.
Worldwide car sales increased by 1.1 percent to 594,671 vehicles from brands such as BMW, MINI and Rolls-Royce.
The BMW brand itself sold 2.5 percent more, with a total of 531,039 copies.
The German carmaker saw sales decline in Asia and China. Elsewhere, according to BMW, these increased.
BMW sold 28 percent more electric cars in the first quarter. This involved a total of 82,700 pieces.
BMW continues to expect sales to show a slight increase this year.
Source: ABM Financial News
ABM Financial News is a distributor of stock market news, videos and data, to real-time trading platforms and trading rooms and to online and offline media publications. The information in this article is not intended as professional investment advice or as a recommendation to make a particular investment.
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