BMW has claimed that 2012 was the most successful year in the company’s history after it posted significant rises in profit and revenues.
Pre-tax profits for the company, which owns Mini and Rolls-Royce marques, increased by almost six per cent to £6.76 billion, while revenues saw a rise of 11 per cent to £66.3 billion
Total sales for the BMW group in 2012 stood at 1.84 million vehicles, which is an increase of 10.6 per cent on 2011 figures.
Chairman Norbert Reithofer said in a statement: “We have achieved or surpassed all of our targets for 2012 in the face of very challenging market conditions.
“We are again targeting further sales volume growth worldwide in 2013 and hence a new record level for deliveries.”
The increase in profits and revenues was helped by a boost in Asian sales, as the number of units purchased in the region jumped by 31.4 per cent to 493,393 units, which included over 325,000 BMW and Mini cars sold in China alone.
For the #1 motor trade insurance, visit ChoiceQuote