BMW SALES GROW IN MARCH
Recently, BMW Group U.S. announced that sales for March 2017 were up 3.3 percent compared to results from March 2016, as the brand continues to enjoy a positive start to the year. For 2017, BMW has sold 71,682 vehicles, which is a 1.5 percent increase over the 70,613 vehicles sold during the first three months of 2016.
The month was driven by strong new vehicle sales results for the BMW 7 Series, which gained 10 percent, the BMW X3 which realized gains of 42.9 percent, and the BMW X5, which saw sales soar 35.4 percent. Continued demand for BMW SUVs helped the segment deliver a 30.8 percent improvement over last March.
BMW Certified Pre-Owned vehicles were up 24.2 percent, while total BMW Pre-Owned sales jumped 34.3 percent. For the year, total BMW Pre-Owned vehicle sales have grown 34.3 percent over the first three months of 2016.
In a press release, Bernhard Kuhnt, President and CEO, BMW of North America stated, “With the arrival of Spring, thoughts naturally turn to new cars and March gave us a nice boost as our Sports Activity Vehicles, the X3 and X5 in particular, continue to drive the growing demand. Our new BMW 5 Series is just breaking into what is a difficult market for sedans but orders are solid and with two more variants on their way, we are optimistic for the months ahead.”
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