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FRANKFURT: The German luxury car making group BMW sold a record 350,000 vehicles in the first quarter of 2008, it said on Monday, pointing to a boom in demand in India.
BMW reported overall sales of 351,787 units, an increase of 5.7 percent from the first quarter of 2007, a statement said.
Domestic rival Mercedes-Benz said it sold 320,000 vehicles in the same period.
The biggest increase for BMW was in India, where there was a leap of 800 per cent to 862 cars. Strong sales increases were also reported in Russia, China and South Korea, all of which turned in rises of almost 40 percent.
Sales fell however by 9.2 percent in the United States, which nonetheless remained the biggest single market with more than 68,500 cars bought in the three month period.
Source: Economictimes
BMW reported overall sales of 351,787 units, an increase of 5.7 percent from the first quarter of 2007, a statement said.
Domestic rival Mercedes-Benz said it sold 320,000 vehicles in the same period.
The biggest increase for BMW was in India, where there was a leap of 800 per cent to 862 cars. Strong sales increases were also reported in Russia, China and South Korea, all of which turned in rises of almost 40 percent.
Sales fell however by 9.2 percent in the United States, which nonetheless remained the biggest single market with more than 68,500 cars bought in the three month period.
Source: Economictimes
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