BMW posts record nine-month MidEast sales

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Bloomberg)

(Bloomberg)

BMW Middle East said on Monday it had achieved record sales for the first nine months of the year with a total of 15,805 vehicles sold across the Middle East.

The figure represents a 15 percent increase over the same period last year, the German car maker said in a statement.

The company also said it had posted its best quarter ever (July-September) and achieved its highest sales volume in a single month, with 1,981 BMW and MINI vehicles delivered across the Middle East in August.

BMW said it had made gains in almost all GCC markets with most importers recording double digit growth.

The UAE remained the biggest market in the Middle East, accounting for 48 percent of BMW and MINI regional sales during the first nine months of the year, followed by Saudi Arabia and Kuwait.

Markets that also posted strong sales increases included Jordan which grew by 50 percent, Oman 40 percent, Kuwait 31 percent, Abu Dhabi 30 percent, Qatar 19 percent, Lebanon 18 percent, and Saudi Arabia 14 percent.

"We are very pleased with our 2012 nine month results," said Alexander Eftimov, director of sales and marketing, BMW Group Middle East.

"We have focused on introducing new and relevant models to the region as well as enhancing customer's experiences, which has been a successful formula in helping us achieve double digit growth."

BMW added that MINI sales rose 19 percent during the first nine months of 2012. Sales were led by the MINI Countryman which accounted for 43 percent of the brand's regional sales.

Looking ahead to the final quarter, Eftimov added: "With our January-September results setting the pace for another successful year, we have an overall record for 2012 firmly in our sight."

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
How the UAE is sewing together a top industry

How the UAE is sewing together a top industry

In the shadows of oil and aviation, the UAE’s textiles industry...

Mall talk

Mall talk

Plans for Dubai’s Mall of the World have made headlines all over...

1
Dubai's nightlife bubble: When is it going to burst?

Dubai's nightlife bubble: When is it going to burst?

A new breed of clubs and bars is sprouting in the city, but which...

12
Most Discussed
  • 16
    ‘How my Dubai mortgage landed me in a police cell’

    loans in any form need to filtered with the terms and condition, assuming thing will be in order is not excuse, one need to check with banks when property... more

    Friday, 31 October 2014 5:49 PM - Jacob
  • 10
    Do you actually own your house?

    This is unbelievable from Nakheel. In a case where we want landscape our garden with some tiles and grass costing around 12500, Nakheel is demanding a... more

    Thursday, 30 October 2014 9:06 PM - skp
  • 1
    Men arrested for working in women's shops in Saudi

    “We won’t spare any mall or shop employing expatriate men to sell women’s accessories,” the ministry’s director general in Makkah, Abdul Monem Al Shahri... more

    Friday, 31 October 2014 12:22 PM - cba