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      BMW CFO happy for 2012 sales, sceptical about 2013

      CarTrade Editorial Team

      CarTrade Editorial Team

      Top German luxury car manufacturer BMW sold a record 1.8 million vehicles in 2012. YTD sales of the auto maker up to the end of November rose by about 10 per cent from the year-ago period, achieving 1.66 million units. The company had sold 1.67 million units for the whole calendar year of 2011.

       

      BMW CFO happy for 2012 sales, sceptical about 2013
      BMW CFO happy for 2012 sales, sceptical about 2013
       

      Expressing his satisfaction at the sales performance, BMW Chief Financial Officer (CFO) Friedrich Eichiner said, “One of our goals for 2012 was to increase unit sales and achieve a new deliveries record. With 1.8 million vehicles, we've done that." Earlier in December 2012, he had said that BMW was heading towards a new sales record, riding on the wave of buoyant November sales.

      However, he also felt uncertain about the growth in 2013, stating that European markets could be stagnated during the year. "The United States, on the other hand, will offer recovery opportunities, with the overall market there projected to grow by 5.0 percent and the premium segment even stronger.” He further added that the company has build up a strong position in medium-sized markets like Korea, Australia, Russia and Turkey, and these markets are still continuing to grow.

      BMW