Daily Management Review

BMW hits record high sales in 2019


01/10/2020


According to the results of 2019, the German BMW Group again reached a record level of sales of 2.52 million cars, which is 1.2% higher than the previous year, the company said.



pxfuel
pxfuel
This is the ninth consecutive year that the company has shown record sales. “The company has been confirming its position as the world leader in the premium car sector for the sixteenth year in a row,” notes the BMW Group.

The company reports that sales of BMW cars last year reached a new historical record of 2.168 million cars (an increase of 2%). The sales volume of Rolls-Royce cars jumped 25.4%, to 5.15 thousand units. At the same time, MINI brand sales decreased by 4.1% over the year, to 346.6 thousand cars.

In addition, sales of electric vehicles of the company last year increased by 2.2%, reaching 145.8 thousand units. “By the end of 2019, the BMW Group already had half a million electric vehicles worldwide,” the report says.

This year, the company predicts a "slight increase in global sales." "Due to the worsening economic situation, the BMW group expects sales growth in Europe to be at the level of the previous year," the concern adds. At the same time, steady growth in sales is expected in China mainly due to cars assembled in the country.

BMW specializes in the manufacture of BMW, Mini and Rolls-Royce Motor Cars, motorcycles, and engines. The company is headquartered in Munich.

source: reuters.com






Science & Technology

UK trials new breathing aid developed by Mercedes Formula One

Uber sues Los Angeles authorities over user data collection

Google Introduces New Coronavirus Website

WHO Warns That The Youth Are ‘Not Invincible' To The Novel Coronavirus

Chinese software company learns to recognize 95% of masked faces

World's largest retailer to use 5G for medical services

SpaceX Receives Approval To Create Research & Manufacturing Facility In Los Angeles

JPMorgan: Transition to e-money will be based on blockchain

Tesla In Advance Talks With CATL For Using Lithium Batteries

Financial giants and US government turn to quantum computers

World Politics

World & Politics

China opens Wuhan

Germany allocates over €1 trillion to support economy and healthcare

Peru launches $ 8.8B assistance program for companies affected by COVID-19

Tesla Supplies Free Ventilators For Immediate Patients And Not For Storing

India Turns Train Coaches Into Isolation Wards For COVID-19 Patients

Aerospace Consortium To Build Ten Thousand Ventilator In Britain

US Ambassador To UK Holds China Responsible For Global Spread Of Coronavirus

China to lift quarantine in Wuhan on April 8