Friday 5 December 2008

BMW Sales Dip More Than a Quarter

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BMW logo courtesy of Google Images

BBC: German carmaker BMW has seen its global monthly sales fall by more than a quarter, as consumers tighten their belts amid the economic slowdown.

BMW brand sales fell 26.2% in November from the same month a year ago, said the firm, while sales of its UK-based Mini subsidiary declined 20.8%.

The firm has already said its Mini plant in Oxford will close on Friday for an extended Christmas shutdown.

It is closing the factory for four weeks instead of the usual two.

November sales at BMW's luxury Rolls-Royce arm were down 18.5%.

For the whole BMW group, sales fell 25.4% to 96,570 in November, compared with a much slower decrease of 8.3% to 113,005 in October. >>> | December 5, 2008

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