BMW Group sales in the U.S. (BMW and MINI combined) down by 22.9 percent. Jim O’Donnell: “Sales stronger than expected, but no celebrating.”
Woodcliff Lake, NJ - April 1, 2009.
The BMW Group in the U.S. (BMW and MINI combined) reported March sales of 21,125 vehicles, a decrease of 22.9 percent over the 27,404 vehicles sold in the same month of 2008. For the first quarter, The BMW Group also reported a year-to-date sales volume of 51,244 vehicles, down 25.2 percent, compared to 68,529 vehicles sold in the same period a year ago.
BMW Brand Sales
Sales of BMW brand vehicles decreased 24.2 percent in March for a total of 17,520 vehicles compared to 23,115 vehicles reported in the same month a year ago. Year-to-date, BMW brand sales were down 26.8 percent, to 42,731 vehicles compared to 58,365 vehicles sold in the same period of 2008.
“In March, we saw a mixed cocktail of good, bad and ugly signals in the market and for us, I'm happy to say we're starting to see a bit more of the good,” said Jim O’Donnell, President of BMW of North America, LLC. "Our sales were stronger than expected back at the beginning of the month and a bit of spring lift puts us in the premium market lead in March and the first quarter as well. No celebrating, however, because further loosening of the credit reins is needed to see even more buying action."
Over the next months, BMW of North America expects sales to be bolstered by new products coming to market. The fifth generation of the BMW 7 Series went on sale in the U.S. in March and the new BMW Z4 will arrive at U.S. dealerships in May.
See additional video commentary by Wayne Orchowski, Vice-President, BMW Sales, BMW of North America, LLC, regarding BMW’s performance in March.
BMW Automobile Sales.
BMW’s automobile sales are down 23.2 percent in March to 14,767 versus 19,231 in the same month of 2008. Year-to-date sales also decreased 25.8 percent, to 34,240 automobiles compared to 46,153 in the first three months 2008.
BMW Sports Activity Vehicle Sales.
Sales of BMW Sports Activity Vehicles decreased 29.1 percent in March to 2,753 vehicles over the 3,884 sold in the same month a year ago. Year-to-date, sales of BMW Sports Activity Vehicles were down 30.5 percent, to 8,491 vehicles compared to 12,212 sold in the same period a year ago.
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