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BMW's Irish sales jump 65 percent

  • 04-08-2011 8:12pm
    #1
    Registered Users, Registered Users 2 Posts: 1,261 ✭✭✭


    Carmaker BMW saw sales rise by 65 per cent in Ireland during the first six months of 2011, according to simi.ie.

    Overall, the BMW group more than doubled its second-quarter profit after it sold a record number of cars.

    Net profit rose to 1.8bn euros ($2.6bn; £1.6bn), from 834m euros in the same period last year, with revenue up 17% to 17.9bn euros.

    BMW - which also owns Mini and Rolls-Royce - sold a record 450,608 vehicles, a year-on-year gain of 18.5%.

    The results were boosted by growth in the lucrative Chinese market, where its sales rose 52% from last year.

    BMW sold 63,300 cars in China during the quarter, compared with 80,300 in its home market, Germany.

    "We expect the business environment to remain favourable during the second half of 2011," the company said.

    For the first six months of the year, sales jumped 20% to 833,366.

    BMW recently said its new Mini coupe would be launched later this year and the Mini Roadster in 2012.

    Both are to be produced in Oxford, where more than 2 million Minis have been built since 2001 - about 75% of them for export.

    In June, BMW issued a new full-year sales target of more than 1.6 million for 2011.

    http://www.bbc.co.uk/news/business-14370388


Comments

  • Closed Accounts Posts: 5,451 ✭✭✭Delancey


    Agree that is a significant sales jump in Ireland but we still hear stories of dealers closing and tough times in the trade ?


  • Closed Accounts Posts: 3,309 ✭✭✭VolvoMan


    I'm telling you, the tables are going to turn and BMW will soon be a white collar brand and Toyota will be premium.


  • Subscribers Posts: 16,617 ✭✭✭✭copacetic


    VolvoMan wrote: »
    I'm telling you, the tables are going to turn and BMW will soon be a white collar brand and Toyota will be premium.

    Errm? What do you think white collar means?


  • Registered Users, Registered Users 2 Posts: 12,294 ✭✭✭✭MadYaker


    I haven't heard of any BMW dealers closing. We Irish love out beemers. Every second car is a 3 series or a 5 series.


  • Registered Users, Registered Users 2 Posts: 7,544 ✭✭✭Hogzy


    VolvoMan wrote: »
    I'm telling you, the tables are going to turn and BMW will soon be a white collar brand and Toyota will be premium.

    BMW is a 'white collar' brand.


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  • Closed Accounts Posts: 5,677 ✭✭✭staker


    http://cars.donedeal.ie/for-sale/cars/2400152

    Here's one happy customer:pac:


  • Closed Accounts Posts: 3,309 ✭✭✭VolvoMan


    copacetic wrote: »
    Errm? What do you think white collar means?

    Sorry, I meant blue collar.


  • Subscribers Posts: 16,617 ✭✭✭✭copacetic


    staker wrote: »
    http://cars.donedeal.ie/for-sale/cars/2400152

    Here's one happy customer:pac:

    Import, someone trying to make a quick buck.


  • Closed Accounts Posts: 5,677 ✭✭✭staker


    copacetic wrote: »
    Import, someone trying to make a quick buck.

    Yup, just saw the dash now:o


  • Registered Users, Registered Users 2 Posts: 245 ✭✭Fiesta


    staker wrote: »
    http://cars.donedeal.ie/for-sale/cars/2400152

    Here's one happy customer:pac:

    I presume thats a UK import....mph clocks.

    The 'M' badge on the wing looks cat!


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  • Registered Users, Registered Users 2 Posts: 1,363 ✭✭✭bmstuff


    I am seeing audi caddies all over the place though...


  • Registered Users, Registered Users 2 Posts: 4,331 ✭✭✭Keyzer


    VolvoMan wrote: »
    I'm telling you, the tables are going to turn and BMW will soon be a white collar brand and Toyota will be premium.

    FAIL


  • Closed Accounts Posts: 3,309 ✭✭✭VolvoMan


    Keyzer wrote: »
    FAIL

    :confused:


  • Closed Accounts Posts: 6,096 ✭✭✭johnos1984


    Keyzer wrote: »
    FAIL

    BMW are common as muck now


  • Closed Accounts Posts: 3,309 ✭✭✭VolvoMan


    johnos1984 wrote: »
    BMW are common as muck now

    Yes, my point exactly.

    I'm guessing I upset a 318Ci 'M' Pack owner in making it.


  • Closed Accounts Posts: 13,822 ✭✭✭✭EPM


    johnos1984 wrote: »
    BMW are common as muck now

    VM mixed up blue and white.

    Must've been the BMW propellors influence;)


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