X3 and 5 sales boost record BMW report

Published on Tuesday, August 5, 2014

BMW announced Tuesday that its net profit rose by 27.2 percent between April and June, topping at $2.4 billion.

The various models of the X family produced in Greer continued a high degree of popularity. Sales of the X3 increased 6.2 percent to a total of 82,830 units (2013: 77,959 units). X5 sales soared 29.7 percent to 68,283 units (2013: 52,651 units).

BMW also reported:

• Operating profit was up 26 percent.

• Vehicle sales increased to a record 533,187 or 5.3 percent in the second quarter (2013: 506,321 units).

• Group sales increased 6.9 percent to a record 1,020,211 units in the first half of the year (2013: 954,521 units).

“The BMW group increased sales volume, revenues and group earnings in both the second quarter and the six-month reporting periods, continuing the successful development of our business,” Chief Executive Norbert Reithofer said in a statement.






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