BMW: global sales down 4.1% in February
(CercleFinance.com) - BMW's group vehicle sales fell 4.
1% to 171,501 units in February, due to the model changeover of the BMW 3 Series, the company's best-seller, the German carmaker said on Friday.
For the first two months of the year, BMW said group car sales fell by 1.9% to 341,977 cars.
"The global automotive market is experiencing a slow start this year," the Munich-based company said.
However, with the new 3 Series line arriving in showrooms in March, BMW said it remains confident that it will achieve slight sales growth in 2019.
BMW shares are currently down 1.4% at 72.1 euros, compared to a fall of 1.7% in the STOXX Europe 600 Automobiles & Parts car sector index.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
1% to 171,501 units in February, due to the model changeover of the BMW 3 Series, the company's best-seller, the German carmaker said on Friday.
For the first two months of the year, BMW said group car sales fell by 1.9% to 341,977 cars.
"The global automotive market is experiencing a slow start this year," the Munich-based company said.
However, with the new 3 Series line arriving in showrooms in March, BMW said it remains confident that it will achieve slight sales growth in 2019.
BMW shares are currently down 1.4% at 72.1 euros, compared to a fall of 1.7% in the STOXX Europe 600 Automobiles & Parts car sector index.
Copyright (c) 2019 CercleFinance.com. All rights reserved.