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13 January, 2018 08:16:08 AM
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BMW drives to new sales record but still trails Mercedes

Independent Online/ AFP
BMW drives to new sales record but still trails Mercedes

Ger-man high-end carmaker BMW said yesterday it booked record sales for the seventh year in a row in 2017, but continued to trail rival Mercedes-Benz.

The Munich-based group said in a statement that sales of its core BMW-brand cars rose by 4.2 per cent to almost 2.1 million last year.

Growth was primarily driven by the strong performance of its X-series SUVs and updated 5-series limousines, the statement said.

While sales in China grew by 15 per cent, European sales edged forward by one per cent and business in the Americas declined by two percent.

Despite the record performance, BMW was still unable to catch up with Mercedes, which held on to the pole position in the luxury segment with sales of 2.3 million units last year.

Nevertheless, sales chief Ian Robertson insisted that the BMW group as a whole was “the world’s leading premium automotive company”.

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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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