(RTTNews) - German car manufacturer BMW Group (BAMXY.PK: News ,BAMXF.PK: News ) Monday said its worldwide sales of BMW, MINI and Rolls-Royce automobiles in the year 2011 increased 14.2 percent from last year, helped by sales gains across all regions and in almost all markets.
The company noted that it sold a total of about 1.67 million vehicles in the year, up from 1.46 million vehicles sold in the previous year.
At the North American International Auto Show in Detroit, Ian Robertson, Member of the Board of Management of BMW AG, Sales and Marketing, said, "2011 was an excellent year for the BMW Group. We have clearly attained our sales target of over 1.6 million vehicles and our models continue to be in high demand right across the world."
BMW brand vehicle sales for the year rose 12.8 percent to 1.38 million, which the company says is the best sales level in its history. This sales was driven mainly by its new BMW X3.
BMW X1 and BMW 5 Series also reported strong sales. The flagship BMW 7 Series continued to perform well, with deliveries reaching 68,774 vehicles, the company added.
In the U.S, BMW delivered 247,907 cars to its customers. Due to the BMW 3 Series model changeover, the Group anticipates to see momentum increase in the second half of the year.
The MINI brand's global sales climbed 21.7 percent to 285,060 vehicles. According to the company, the U.S remains its largest market for MINI, followed by the U.K.
BMW said its Rolls-Royce motor cars had record sales in company's 107-year history. Sales increased 30.5 percent to 3,538 cars.
BMW Motorrad sales grew 6.4 percent, with a sale of 104,286 motorcycles. The company added that Motorrad delivered more vehicles than ever before in its nearly 90-year history.
In December, the company's sales improved 11.9 percent from a year ago, with 158,125 vehicles. BMW brand vehicle sales increased 10.9 percent to 128,182 vehicles. The MINI brand vehicle sales grew 16.2 percent to 29,467 vehicles. The company delivered 4,232 Motorcycles worldwide, with an increase of 12.4 percent.
"Looking ahead, we want to continue to grow, with balanced sales growth across all continents, and we plan to remain the world's top selling premium automaker in 2012. Growth will also be driven by the new BMW 3 Series which will be launched worldwide next month," Robertson added.
In Frankfurt's XETRA, BMW shares closed on Friday at 55.55 euros.
In the U.S., BAMXY.PK closed Friday's regular trading at $23.51, while BAMXF.PK ended at $70.75.
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by RTT Staff Writer
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