Friday, March 12, 2010
BMW February sales rise 14%
German car maker BMW /quotes/comstock/11e!fbmw (DE:BMW 32.59, -0.06, -0.18%) said Tuesday that sales of Mini, Rolls Royce and BMW brand cars rose 14% in February to 91,758 from 80,474 a year earlier. Sales for the 12 months to the end of February were up 15.3% at 173,911 units. "We saw growth in Asia, in particular, but we also made gains in many markets in Europe, Africa and the Americas. In key sales markets such as the U.S., the automotive sector is also showing encouraging signs of a gradual recovery," said Ian Robertson, BMW board member responsible for sales and marketing. The company said almost all its markets are experiencing "a definite upturn." Sales of BMW brand cars rose 13.7% to 78,248 units and Mini sales rose 16% to 13,443 units
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