FRANKFURT (Dow Jones)--BMW AG (BMW.XE) said Monday that global sales were up 2% on the year in October at 115,252 cars, driven by robust demand in China, India and Brazil.
In these three markets BMW exceeded the sales volume achieved for the whole of 2008 after just ten months this year.
"Our sales figures have been steadily recovering since April - and we were able to make gains in October as planned. We expect to see further solid growth in November and December," said BMW executive board member Ian Robertson, adding that the German automaker wants "to remain the world's leading premium manufacturer once again in 2009".
The core BMW brand eked out its first year-on-year rise in monthly car sales in October, fueled by the Z4, the flagship 7-series and the compact 1-series. "In 2009, again, we will clearly sell more than one million BMW's," Robertson said.
MAIN FACTS:
- BMW Group Oct. global sales up 2% at 115,252 cars.
- BMW Group Jan.-Oct. global sales down 14% at 1.05 million cars.
- BMW brand Oct. sales up 0.4% at 95,859 cars.
- BMW brand Jan.-Oct. global sales down 15% at 873,318 cars.
- BMW Mini brand Oct. sales up 11% at 19,323 cars.
- BMW Mini brand Jan.-Oct. sales down 10.5% at 180,962 cars.
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