Tuesday, January 12, 2010

BMW Group reports 10.1% sales increase in December



The Christmas Cheer is continuing for premium car makers, with BMW being the latest to report a healthy sales surge for December last.

Munich/Detroit. BMW Group retail continued to follow an upward trend in December with a substantial increase in sales of 10.1%. A total of 123,751 (prev. yr. 112,423) BMW, MINI and Rolls-Royce brand automobiles were sold worldwide in the month under review.
In light of the continued global economic crisis the company was, as expected, unable to match the previous year’s high sales in its figures for the full year 2009. However, the decrease of 10.4% was smaller than expected and ultimately relatively moderate. The BMW Group sold a total of 1,286,310 (prev. yr. 1,435,876) vehicles worldwide in 2009. As a result, the company was able to expand its market share in the premium segment once again last year and maintain its position as the world’s leading supplier of premium vehicles.
Ian Robertson, member of the Board of Management of BMW AG, responsible for Sales and Marketing: “We have succeeded in remaining the world’s leading premium car company in 2009. Despite difficult economic conditions we have been steadily gaining ground since April; We are beginning the new year with a sense of optimism, even though we are still feeling the effects of the global economic crisis. We are aiming for growth in the single-digit percentage range in 2010. The large number of new BMW and MINI models will play a major part in this.” The new
BMW 5 Series, which will be launched as of March, will be one of the most important new models for the BMW Group in 2010. The model changeover will take place in the first two months of the year.
The BMW Group reported strong growth for the full year 2009 in emerging markets such as China (90,536 / +37.5%), Brazil (6,398 / +118.8%) and India (3,619 / +24.4%). Robertson: “We were able to achieve new sales records in all three markets in 2009. And we intend to make further gains in 2010.” Germany was the largest single market for BMW and MINI automobiles in 2009: A total of 258,012 (prev. yr. 284,786/-9.4%) vehicles were delivered to customers. With 33,517 deliveries in 2009, the MINI brand enjoyed its most successful year in Germany since its launch. In the US market the BMW Group reported lower sales for 2009 – as did the entire industry. For the year to the end of December, sales decreased by 20.3% (241,727 / prev. yr. 303,190).
In December the BMW brand delivered 105,049 (prev. yr. 97,256) units, or 8.0% more vehicles than in the same month last year. In 2009 as a whole, BMW sold 1,068,770 (prev. yr. 1,202,239 / -11.1%) automobiles worldwide, once again giving the brand a strong lead over its competitors in the premium segment. In 2009, gains were made by the BMW 7 Series (52,680 / +35.7%) and the BMW X6 (41,667/+56.8%) and Z4 (22,759 / +26.4%) models, among others. In its key domestic market of Germany, the BMW 7 Series (7,439 / +74.8%), as well as the BMW X5 (10,933 / -31.9%) and X6 (4.940 / +51,0%) models, were the clear leaders in their respective segments. The new BMW X1 and 5 Series GT models introduced in late October also got off to an excellent start in the markets: A total of 8,499 BMW X1 and 3,052 BMW 5 Series GT have already been delivered to customers around the world.
The MINI brand also reported strong growth of 22.2% in December, with 18,335 (prev. yr. 15,010) MINI cars sold in the month under review. For the year to the end of December a total of 216,538 vehicles were delivered to customers around the world (prev. yr. 232,425 / -6.8%).
Rolls-Royce retailed 1002 cars during 2009, including the first 150 Ghosts delivered to customers in December. Ian Robertson said: “Demand for the Ghost has been exceptional and the latest Rolls-Royce has been met with universal acclaim from customers, the media and enthusiasts alike.” Around 85 per cent of Ghost customers are new to the marque. Rolls-Royce remains the market leader in the ultimate luxury class.

Panamera Hits 10K

LEIPZIG, Germany | Skeptics had questioned the merits of adding a four-door sports sedan to Porsche's product line, but the folks at Porsche and the market, have proved them wrong.

Just three months after it went on sale in Europe and less than two after its debut in the U.S., the 10,000th Panamera rolled off the production line at Porsche's plant in Leipzig, Germany.

The 10,000th Panamera is a 500-horsepower platinum silver metallic Panamera Turbo, which is set to be delivered to a customer in Singapore.

"Sales of the Panamera have really taken off. We have already secured over 9,000 orders," said Michael Macht, chairman of the board of Porsche AG. Mr. Macht also pointed out that the Panamera has earned praise throughout the industry and has won several coveted awards, including Playboy's "Car of the Year," Edmunds Inside Line's "Editors' Most Wanted" and Bloomberg's "Car of the Year."

In breaking down what customers are ordering, Porsche says the Panamera 4S is proving particularly popular and has a model share of 44 percent, which is ahead of the Turbo (36 percent) and the Panamera S (20 percent).

The fourth Porsche model series is manufactured at the Leipzig plant, sharing a production line with the Cayenne SUV. The innovative, highly streamlined production process is seen as a model of technological and economic excellence for the automobile industry worldwide.

Sunday, January 10, 2010

Mid-Life Nice: Range Rover @ 40


Sales may have been down during '09, but Range Rover found some gas in the final quarter and is now revving into its 40th year as "the" go-to SUV for places that you want to go to but can't becasue they're too rugged for other, lesser vehicles