BMW says auto sales slump eased in June

BMW says auto sales slump eased in June
AFP
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First Published: Tue, Jul 07 2009. 02 44 PM IST
Updated: Tue, Jul 07 2009. 02 44 PM IST
Frankfurt: The German luxury car maker BMW said Tuesday that slumping sales had eased in June but warned more time was needed to determine if a slight improvement in the sector would last.
BMW said it delivered 127,500 vehicles worldwide, a decrease of 12.7% from the same month a year earlier, making June the company’s best month this year, a statement said.
In the first half of 2009, BMW group sales lost 19.5% to around 615,500 vehicles, with its two leading brands, BMW and Mini, showing similar drops.
Rolls-Royce sales were off by a third at 329 models however, while sales of BMW motorcycles shed 16%.
“There are early signs of a slight recovery on automobile markets,” sales director Ian Robertson was quoted by the German language statement as saying.
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First Published: Tue, Jul 07 2009. 02 44 PM IST
More Topics: Company results | BMW | Auto | Car | Sales |