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Old 08-03-2010, 02:02 PM
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Post BMW Group U.S. Reports 10% sales increase in July 2010

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Press Release: The BMW Group in the U.S. (BMW and MINI combined) reported July sales of 23,390 vehicles, an increase of 10.1 percent from the 21,253 vehicles sold last year. Year-to-date, the BMW Group also reported a sales volume of 144,975 vehicles, up 6.8 percent from the 135,701 units sold last year.

“We’re delighted to have the all-new 5 Series in the market, and just as we had hoped, the first full month results with this new car have been very positive,” said Jim O’Donnell, President of BMW of North America, LLC. “Current and new customers love it, our dealers would like to have even more, and what we’ve also seen is strong market demand once again for a vehicle with the size, performance and flexibility of our X5.”

BMW Brand Sales
Sales of BMW brand vehicles increased 16.4 percent for a total of 19,064 vehicles from the 16,381 units sold last year. Year-to-date, BMW sales were up 8.9 percent to 119,696 vehicles from the 109,944 units sold last year.

In July, the best performing vehicles included the 1 Series, up 53.3 percent to 1,392 and the X5, up 50.5 percent to 2,815. The 5 Series performed very well with an increase of 9.6 percent to 2,724.

BMW Pre-Owned Vehicles
Sales of BMW’s used vehicles (including certified pre-owned and pre-owned) increased 11.6 percent to 15,075 vehicles from the 13,508 units sold last year. Year-to-date, used vehicle sales were up 5.9 percent to 98,795 vehicles from the 93,307 units sold last year.

MINI Brand Sales
MINI USA reported sales of 4,326 automobiles, a decrease of 11.2 percent from the 4,872 cars sold last year. The drop in sales was affected by the Cash for Clunkers program that took place in July and August of 2009 and boosted sales volume. Excluding this one-off, the brand’s sales performance would have been ahead of last July. Year-to-date, MINI USA also reported sales of 25,279 automobiles, a slight decrease of 1.9 percent and nearly on par with the 25,757 units sold last year. In a segment that is down double digits year-to-date, the brand continued to gain market share.

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[Source: BMW via BMWBLOG]
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