BMW announced that the first 6 months of 2011 was the best in the companies history, sales, revenues and profits have all soared.
The company’s second quarter profits jumped over 66% year-on-year to 2.85 billion Euros and BMW sales between April and June 2011 rose by 18.5% to 450,608 vehicles.
The boss at BMW have said “we are aiming to achieve a record-breaking profit before tax and to increase salves volume by over 10% to a new high of more than 1.6million vehicles. we are well on track to remain the world’s leading manufacturer of premium cars.”
In the first half of 2011, BMW X1 sales rose 34.2% to 62,697 unites, sales of the new model the X3 more than doubled to 53,522 units and another massive increase was with the X5 which recorded a 4.9% increase in sales to 48,749 units.
There was a rise up to 35.6% in the sales of the Mini in the second quarter of 2011 and it reached a total of 141,913 units in the first half of the year, The Mini Countryman sold 40,171 in the first half of the year.
BMW is claiming that the Mini side of the company is “generating a high-value product mix” with 48.3% of customers buying a cooper model and 32% purchasing the the Cooper S.
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