German makers BMW, VW post strong sales in August
German car makers BMW and Volkswagen both reported sharply higher unit sales in August on Friday, citing strong demand across all regions.
Auto giant VW said it sold a total 389,500 of its own-brand cars in August, an increase of 9.5 percent over the year-earlier figure, driven by rising demand in its biggest market, China.
BMW, which specialises in high-end brands, said sales of its BMW, MINI and Rolls-Royce cars were up 7.4 percent at 110,891 units, the best number the group has ever achieved in the month of August.
Taking the eight months to August as a whole, VW said it sold more than three million cars for the first time in that period, with overall sales up 12.1 percent at 3.34 million units.
At BMW, eight-month sales were up 16.8 percent at 1.073 million units, also achieving the million-mark for the first time in August.
BMW marketing and distribution chief Ian Robertson said his group was "predicting double-digit growth in September. We're fully on target to achieve our best-ever sales figure of more than 1.6 million units for the whole year."
His counterpart at VW, Christian Klingler, said: "Deliveries of our VW brand cars are continuing to develop favourably."
Both carmakers reported growth across all regions, with VW's sales in North America rising 12.6 percent in the eight months since January, followed by Asia/Pacific with an increase of 14.3 percent and European sales up 9.1 percent.
BMW performed best in its home market of Europe, where unit sales were 11.4 percent at 47,009 units in August alone, Asian sales rose by 9.2 percent to 29,311 units and sales in North, Central and South America edged up 1.5 percent to 29,916.
In China, VW's biggest market, unit sales jumped 11.3 percent to 1.02 million cars in the entire January-August period, while BMW's sales powered ahead by 49.3 percent to 106,447.
In the home market of Germany, VW posted a 9.0-percent increase in sales to 394,700 vehicles over the eight months to August, while BMW reported an increase of 13.3 percent to 196,264 units.
© 2011 AFP