Live from the Los Angeles Auto Show.
With 2013 winding to an end auto-makers are making the final push to close out a strong year of sales. Such is the case with BMW Group, who is poised for a year of record global sales amongst its three brands, BMW, MINI, and Rolls-Royce. In fact, BMW Group lead in luxury sales going into Q4, and was only recently angled out of the number one spot by Daimler AG's Mercedes-Benz, primarily by sales of their CLA coupe in October. But, BMW Group still has many reasons to be confident in prospective growth into 2014, here's a few reasons why:
- Reported total vehicle sales (new, certified pre-owned, pre-owned) for October were 33,274, a 2.9 percent increase for the same month 2012.
- MINI volume sales in the U.S. have increased 1.7 percent, year-to-date when compared to the first 10 months of 2012.
- MINI used automobile sales for October 2013 increased by 30.4 percent when compared to sales for the same month a year ago.
- 2014 marks the release of the BMW "i" series. The BMW i3 is all-electric and marketed as an emission-free car for local transport. The BMW i8 is a luxury sports car, engineered to rival automaker Tesla's Model S. The BMW i8 is already sold out for 2014.
- BMW sales in China for 2013 are expected to reach 20 percent growth (year-over-year).
- Dealers are building new MINI facilities, and making capital investments for upgrades to existing BMW dealerships to accommodate new vehicle offerings.
Citation: (1) http://goo.gl/wydePc; (2) http://goo.gl/s21KDX; (3) http://goo.gl/LyO9FW; (4) http://goo.gl/76bb4