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BMW sees record sales thanks to China demand

BBC News -- German luxury carmaker BMW has posted record quarterly sales for the first three months of the year, a period in which it sold more cars in China than in the US for the first time.

Overall sales hit 425,528 vehicles, a rise of 11.2% on a year earlier, with the BMW, Rolls-Royce and Mini brands all reporting record sales.

The company sold 80,014 cars in China, 37% more than a year ago.

BMW said it expected record sales to continue throughout this year.

"The BMW Group achieved an all-time high in sales last month and the best quarter in its history," said sales boss Ian Robertson.

The carmaker is due to publish its first quarter financial results on 3 May

In 2011, BMW profits jumped by 51% to 4.9bn euros ($6.4bn; £4bn).

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Submitted Apr 12, 2012 By: dasAuto

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Taurus1 Champion Author Ohio Posts:3,115 Points:1,670,700 Joined:Apr 2006	Message Posted: Apr 12, 2012 1:56:31 PM Ignore Taurus1 Report Abuse Does China have enough roads for those cars?
Teddy95 Champion Author Dayton Posts:41,125 Points:2,692,125 Joined:Oct 2005	Message Posted: Apr 12, 2012 1:55:59 PM Ignore Teddy95 Report Abuse Hummm...
rodzilla123 Champion Author San Diego Posts:4,380 Points:1,030,365 Joined:Jul 2008	Message Posted: Apr 12, 2012 1:54:01 PM Ignore rodzilla123 Report Abuse Why not???? The Chinese have more of our Money that we do!!!!!
ezone Champion Author Florida Posts:2,401 Points:943,110 Joined:Oct 2008	Message Posted: Apr 12, 2012 1:51:27 PM Ignore ezone Report Abuse Wow, CHINA buying Beamers. I wonder who is buying all their sh- . . . er, stuff to give them that kind of bucks?
NoSoup4U Champion Author Raleigh Posts:2,050 Points:951,780 Joined:Jul 2007	Message Posted: Apr 12, 2012 1:51:24 PM Ignore NoSoup4U Report Abuse Surprising they are buying higher end cars in volumes like that.
DrCashFlow Champion Author Massachusetts Posts:7,054 Points:1,623,325 Joined:Jun 2008	Message Posted: Apr 12, 2012 1:50:23 PM Ignore DrCashFlow Report Abuse Going where the money is flowing
Grandkid1 Champion Author Cincinnati Posts:1,285 Points:223,665 Joined:Mar 2012	Message Posted: Apr 12, 2012 1:48:11 PM Ignore Grandkid1 Report Abuse Hmmmmmm
mnbeancounter Champion Author Minnesota Posts:4,706 Points:1,058,815 Joined:Oct 2009	Message Posted: Apr 12, 2012 1:45:31 PM Ignore mnbeancounter Report Abuse Good for them
seahawks Champion Author Washington Posts:3,212 Points:1,960,720 Joined:Sep 2005	Message Posted: Apr 12, 2012 1:44:55 PM Ignore seahawks Report Abuse China is on demand for automoblies!!!
AlfaAirbeds Rookie Author Trenton Posts:35 Points:128,055 Joined:Apr 2012	Message Posted: Apr 12, 2012 1:44:34 PM Ignore AlfaAirbeds Report Abuse I wonder how much of a jump this is compared to other car makers. I'm also surprised because there is so much overcrowding/traffic in China, how is buying giant BMWs and Cadillacs feasible?
nozzle46 Champion Author Little Rock Posts:6,680 Points:1,470,775 Joined:Jul 2006	Message Posted: Apr 12, 2012 1:44:06 PM Ignore nozzle46 Report Abuse New money is luxury money.
napermike79 Champion Author Twin Cities Posts:3,553 Points:1,724,965 Joined:May 2001	Message Posted: Apr 12, 2012 1:42:32 PM Ignore napermike79 Report Abuse not surprised - china is the new big market
Amanstrom Champion Author Los Angeles Posts:1,857 Points:535,180 Joined:Jul 2011	Message Posted: Apr 12, 2012 1:39:27 PM Ignore Amanstrom Report Abuse Interesting
amayne11 Champion Author Vancouver Posts:1,742 Points:496,095 Joined:Nov 2011	Message Posted: Apr 12, 2012 1:39:15 PM Ignore amayne11 Report Abuse The more gas China consumes, the higher the gas prices here.
CaptDave2012 All-Star Author Arkansas Posts:695 Points:24,735 Joined:Feb 2012	Message Posted: Apr 12, 2012 1:38:29 PM Ignore CaptDave2012 Report Abuse Watch out TaTa, Fiat.
aalix Champion Author Orange County Posts:23,167 Points:4,118,470 Joined:Aug 2001	Message Posted: Apr 12, 2012 1:38:17 PM Ignore aalix Report Abuse It's time for China to join the great race.
belladog Champion Author Mobile Posts:2,570 Points:932,165 Joined:May 2007	Message Posted: Apr 12, 2012 1:36:54 PM Ignore belladog Report Abuse ok
alchulito All-Star Author New York Posts:863 Points:504,705 Joined:Dec 2010	Message Posted: Apr 12, 2012 1:36:20 PM Ignore alchulito Report Abuse Good business for BMW
GryphonX Champion Author Nevada Posts:6,095 Points:1,584,775 Joined:Nov 2007	Message Posted: Apr 12, 2012 1:36:09 PM Ignore GryphonX Report Abuse Beware the growing Chinese dragon ...
DozenSpeed Champion Author St. Louis Posts:1,293 Points:391,550 Joined:Sep 2011	Message Posted: Apr 12, 2012 1:34:58 PM Ignore DozenSpeed Report Abuse Seems they MIGHT understand quality, maybe it will rub off on their products....
uptherefiners Champion Author Chicago Posts:5,048 Points:1,002,000 Joined:Jun 2006	Message Posted: Apr 12, 2012 1:30:51 PM Ignore uptherefiners Report Abuse so gas prices will go up(the iran story has gotten kind of worn out)
Alfied Champion Author Riverside Posts:7,920 Points:1,752,260 Joined:Jun 2001	Message Posted: Apr 12, 2012 1:30:20 PM Ignore Alfied Report Abuse I've been to China. They're everywhere, along with a lot full of Cadillacs.
RBob Champion Author Portland Posts:3,357 Points:2,344,010 Joined:May 2004	Message Posted: Apr 12, 2012 1:29:47 PM Ignore RBob Report Abuse The US needs to wake up to China for being a market for many of our products too. We need to do lots more than we are currently doing in that regard.
Agarre Champion Author Richmond Posts:1,335 Points:263,785 Joined:Feb 2012	Message Posted: Apr 12, 2012 1:29:11 PM Ignore Agarre Report Abuse More than Honda & Toyota ?
marsbars Champion Author Alaska Posts:2,658 Points:1,179,820 Joined:Sep 2006	Message Posted: Apr 12, 2012 1:28:30 PM Ignore marsbars Report Abuse China is up and coming and there are so many of them to use fuel, we don't have a prayer.
cehend Champion Author Maryland Posts:1,725 Points:461,525 Joined:Jan 2011	Message Posted: Apr 12, 2012 1:28:20 PM Ignore cehend Report Abuse Seems like the Chinese heart BMWs.
CPGas1815 Champion Author Michigan Posts:6,027 Points:1,099,605 Joined:Apr 2008	Message Posted: Apr 12, 2012 1:28:00 PM Ignore CPGas1815 Report Abuse BMW should not be manufacturing vehicles in China. But this corporate giant does not give a damn about the American worker who have seen our jobs out sourced by the likes of Mitt Romney and all his "BIG Business" pals.
thirstyauto Champion Author Milwaukee Posts:14,682 Points:1,615,645 Joined:Nov 2008	Message Posted: Apr 12, 2012 1:24:19 PM Ignore thirstyauto Report Abuse BMW has been advertising heavily lately.
firechief Champion Author New York Posts:3,426 Points:2,063,125 Joined:Mar 2004	Message Posted: Apr 12, 2012 1:22:27 PM Ignore firechief Report Abuse they got rich with our money, BUY AMERICAN!
repeater1 Champion Author Topeka Posts:8,283 Points:2,361,820 Joined:Oct 2005	Message Posted: Apr 12, 2012 1:22:17 PM Ignore repeater1 Report Abuse Follow the money and it seems it is in China currently.
dacofa Champion Author Nevada Posts:5,367 Points:1,145,975 Joined:Jan 2010	Message Posted: Apr 12, 2012 1:21:57 PM Ignore dacofa Report Abuse All those rich commies.
sparky808 Champion Author Honolulu Posts:2,981 Points:594,810 Joined:Sep 2011	Message Posted: Apr 12, 2012 1:20:48 PM Ignore sparky808 Report Abuse Thank you for posting.
Hugo40 Champion Author Kentucky Posts:7,609 Points:1,613,980 Joined:Aug 2008	Message Posted: Apr 12, 2012 1:20:09 PM Ignore Hugo40 Report Abuse China has the money.
kd5kpd Champion Author Texas Posts:3,716 Points:1,412,725 Joined:Apr 2006	Message Posted: Apr 12, 2012 1:19:26 PM Ignore kd5kpd Report Abuse China buys up ever thing with the money they get from us.
Lizzylou Champion Author Stockton Posts:8,818 Points:2,357,285 Joined:Oct 2005	Message Posted: Apr 12, 2012 1:18:52 PM Ignore Lizzylou Report Abuse Selling in China but not here!
divebomber Champion Author Nebraska Posts:6,058 Points:1,808,275 Joined:Jun 2007	Message Posted: Apr 12, 2012 1:17:47 PM Ignore divebomber Report Abuse "ZONK" I DON'T AGGREE WITH YOU, THE QUALITY ISN'T WHAT IT USE TO BE!
WestMichigan Champion Author Grand Rapids Posts:2,463 Points:551,940 Joined:Mar 2011	Message Posted: Apr 12, 2012 1:17:44 PM Ignore WestMichigan Report Abuse China is the current big market in the world.
Tekkie Champion Author Philadelphia Posts:4,333 Points:913,630 Joined:Oct 2003	Message Posted: Apr 12, 2012 1:17:16 PM Ignore Tekkie Report Abuse Good!
Zonk Champion Author Michigan Posts:6,461 Points:2,098,765 Joined:Oct 2005	Message Posted: Apr 12, 2012 1:13:40 PM Ignore Zonk Report Abuse Quality wise, it is hard to beat a BMW.
shari128 All-Star Author Iowa Posts:573 Points:856,990 Joined:Jun 2010	Message Posted: Apr 12, 2012 1:13:37 PM Ignore shari128 Report Abuse It seems like China has a better economy then we do.
savingsyes Rookie Author El Paso Posts:35 Points:3,845 Joined:Mar 2012	Message Posted: Apr 12, 2012 1:11:55 PM Ignore savingsyes Report Abuse China needs to send us some of their cars. Probably will cost 1 dollar.
idigau22 Champion Author Washington Posts:23,384 Points:3,197,985 Joined:Apr 2003	Message Posted: Apr 12, 2012 1:06:31 PM Ignore idigau22 Report Abuse Now you know why your good friends China wants all oil shipped to China!! Here in on the Washington coast, we are shipping out 70,000 vehicles per year overseas. Most are shipped to China!!! Add BMW's 80,000 to our 70,000 Jeeps, China need a lot of our oil!!
NavyEOD Champion Author Los Angeles Posts:9,986 Points:2,017,150 Joined:Jul 2007	Message Posted: Apr 12, 2012 1:04:45 PM Ignore NavyEOD Report Abuse China, buying up everthing.
IsabellaMD Rookie Author Maryland Posts:6 Points:815 Joined:Apr 2012	Message Posted: Apr 12, 2012 1:04:43 PM Ignore IsabellaMD Report Abuse Let them sit in rush hour traffic. I would not want to drive any car in China. I like my US rush hour traffic.
Betsy3266 All-Star Author Atlanta Posts:777 Points:300,670 Joined:Apr 2008	Message Posted: Apr 12, 2012 1:03:25 PM Ignore Betsy3266 Report Abuse Just another sign that China is the USA of the 1950's. Just like the Greeks and Romans, our reign is ending.
TheDix Champion Author Ontario Posts:3,094 Points:600,210 Joined:Dec 2009	Message Posted: Apr 12, 2012 1:03:09 PM Ignore TheDix Report Abuse Yep.No more rickshaws for the Chineese.
Asbury09 Champion Author Iowa Posts:7,193 Points:1,526,305 Joined:Jan 2009	Message Posted: Apr 12, 2012 1:02:47 PM Ignore Asbury09 Report Abuse someone has money
gumbyrex Champion Author Fresno Posts:3,281 Points:755,290 Joined:Mar 2011	Message Posted: Apr 12, 2012 1:01:47 PM Ignore gumbyrex Report Abuse There's that five letter word again... China.
1Casey Champion Author Albany Posts:6,513 Points:1,789,010 Joined:Jun 2004	Message Posted: Apr 12, 2012 12:58:49 PM Ignore 1Casey Report Abuse ?
FBI2991 Champion Author Michigan Posts:4,190 Points:1,135,865 Joined:Nov 2008	Message Posted: Apr 12, 2012 12:55:52 PM Ignore FBI2991 Report Abuse Whatever
Bigtex09 Champion Author Dallas Posts:4,268 Points:1,155,285 Joined:Oct 2009	Message Posted: Apr 12, 2012 12:55:03 PM Ignore Bigtex09 Report Abuse good for BMW