BMW Reports a 5.2% Rise in 2005 Net Sales
From Associated Press
German automaker BMW reported a 5.2% rise in 2005 net sales to 46.66 billion euros ($57.28 billion), exceeding analysts’ expectations.
The automaker said it sold a record 1.33 million cars in 2005, up 9.9% on the year. Sales for the BMW brand were up 10% on the year, helped by strong demand for the revamped version of the 3-series model.
Sales in BMW’s core automotive division rose 7.8%, while sales in the financial services division rose 14.4%.
