Off the wire
• Nigerian forces rescue more women, children kidnapped by Boko Haram  • U.S. stocks retreat further after sharp declines  • U.S. labor productivity continues to fall in Q1  • Lithuania to strengthen its land forces  • Iran wants share in global crude oil market  • Insurgents kill, burn couple in restive Thai province  • UNESCO-listed Buddhist statue restored in SW China  • Beijing extends barbecue ban to suburbs  • Iraqi forces repel IS attack in Salahudin province  • DPRK-China traditional friendship promotes bilateral ties: DPRK official  
You are here: 　 Home

BMW reports new highs in Q1

Xinhua, May 7, 2015 Adjust font size:

German automaker BMW Group reported new record sales volume, revenues, and profit before tax in the first quarter of 2015 on Wednesday.

According to BMW's report, the company's automobile sales volume climbed by 8.1 percent to 526,669 units, setting a new record for the period.

Meanwhile, revenues grew significantly by 14.7 percent to 20.9 billion euros (23.7 billion U.S. dollars), and profit before tax improved by 5.1 percent to 2.27 billion euros.

"We have got off to a good start in 2015," commented Norbert Reithofer, chairman of the board of management for BMW.

On the other hand, the motorcycle branch of the company also experienced continued good performance. Sales volume climbed by 9.2 percent to 31,370 units, while revenues for the three-month period grew by 20.1 percent to 567 million euros, according to the Bavarian company. Endit