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BMW Group reports record sales volume in Q2

MUNICH
2016-08-02 20:36

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German automaker BMW Group reported here on Tuesday that it recorded its best ever quarterly sales volume and net profit figures between April and June.

According to its statement, the group sales volume in the second quarter climbed by 5.7 percent to 605,534 units, making the total sales in the first half year to reach a new high of 1,163, 139 units, a year-on-year growth of 5.8 percent.

As a result, the group revenues rose by 4.5 percent to 25 billion euros (28 billion dollars) in the second quarter. The six- month revenues increased by 2.3 percent to 46 billion euros.

"We sold more vehicles in the second quarter than ever before and achieved record earnings. We are growing profitably while simultaneously implementing our strategy step by step," said Harald Krueger, chairman of the board of management.

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