BMW Group India sales see 19 percent jump in Jan-March 2019

    Sales volumes grow on the back of upbeat demand for the 5 Series, the 6 Series GT and the X4.

    Published On Apr 05, 2019 04:09:00 PM

    10,656 Views

    BMW Group India sales see 19 percent jump in Jan-March 2019

    BMW Group India has reported its highest-ever first quarter sales (January-March 2019), with all three brands – BMW, Mini and BMW Motorrad – being on a strong growth track from the start of the year.

    The carmaker delivered 2,982 cars (BMW and Mini) registering a year-on-year growth of 19 percent, compared to Q1 2018. BMW India sold 2,822 cars (up 19 percent) and Mini India sold 160 cars (up 18 percent).

    These results come on the back on a strong performance in calendar year 2018, when BMW Group India sold 11,105 vehicles (including Mini), registering a 13 percent year-on-year growth.

    BMW said the 5 Series and the 6 Series Gran Turismo and the locally produced SUV range, led by the all-new X4, contributed to the overall growth. The Mini hatch and the now locally produced Mini Countryman together commanded a share of over 80 percent in Mini sales.

    Commenting on the Q1 numbers, Dr Hans-Christian Baertels, president (Act.), BMW Group India, said, “BMW Group India is on a growth path. Closing 2018 with highest sales ever, the momentum has been successfully carried forward into 2019 by registering the best Q1 sales till date. We are confident that the growth strategy for BMW, Mini and BMW Motorrad will yield even higher results in the coming months and we will continue to grow the luxury vehicle market in India.”

    This year, the BMW Group plant in Chennai, which assembles 10 car models, is expected to start the local production of the X7.

    Demand for luxury cars could be subdued for the next few months due to the weak overall car buying sentiment. Volvo India recently announced that it sold 2,687 units in the 2019 fiscal (April-March), registering a growth of 25 percent year-on-year, albeit on a lower base.

    Click here for BMW India models, prices, reviews, videos, images and more

    Copyright (c) Autocar Professional. All rights reserved.

    Comments
    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now
    Search By Car Price
    Poll of the month

    Will the new petrol hybrid Toyota Innova be as successful as the old diesel version?

    Yes, hybrids are incredibly efficient

     

    45.00%

    No, nothing beats diesel torque

     

    25.12%

    Only if it is cheaper than the outgoing car

     

    29.88%

    Total Votes : 1891
    Sign up for our newsletter

    Get all the latest updates from the automobile universe