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Tue 27 Jan 2009 05:54 AM

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AGMC announce 17% rise in BMW, Mini sales

Car importer says sales in Dubai, Sharjah, Northern Emirates saw increase on 2007.

AGMC, the importer of BMW Group cars in Dubai, Sharjah and the Northern Emirates has announced that its 2008 sales of BMW and MINI achieved a 17 percent increase compared to 2007.

AGMC said it sold 4,221 vehicles during 2008 placing it among the top five performing markets for BMW Group regionally and the highest in terms of sales volume.

The growth, company bosses added, also signalled the importance of the Dubai market amid the current global economic crisis.

Stathis I. Stathis, general manager, AGMC said: "In the current economic climate, where many car manufacturers are suffering losses, a 17 percent increase in our sales is testament to the loyalty of our customer base and the strength of the BMW and MINI brands."

"Our 3 Series and 7 Series models performed particularly well in light of their new model launches, recording sales increases of 25 per cent and 7 per cent respectively. We look forward to continuing this success in 2009."

Stathis added: "We anticipate 2009 to be challenging but consumer demand in the luxury segment still remains healthy, and we have several new product launches planned for the year, so we are optimistic that 2009 will be another good year."

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