Dec. 12, 2012
BMW CONTINUES TO DELIVER
BMW reported higher sales in November which gave way to a 38.8 percent increase. The large German auto maker sold 26,271 vehicles in 2011 and a grand total of 36,461 just last month.
The majority of major car companies boasted increased gains and sales for 2012. Toyota, Chrysler, posted impressive sales gains from last year. General Motors only had a 3-percent sales increase and continue to house a large inventory of unsold trucks.
Toyota’s sales jumped 17 percent, Honda dialed in a 39 percent sales increase. Chrysler's sales shot up 14 percent due to the strong push of the Ram pickup, which it sales were also up 33 percent. Volkswagen’s sales climbed 29 percent with most of the lifting coming from its Passat sedan, which was up 75 percent.
Ludwig Willisch, president and CEO of BMW of North America, said that “supply is catching up with demand, making November the best sales month on record for BMW in the U.S.” He added “momentum is strong in this final month of the year, MINI has already surpassed its 2011 total, and I am confident BMW Group will set a new U.S. sales record for 2012.”
What does all this mean for the State of South Carolina? It appears BMW isn't going anywhere anytime soon; with increased sales and advertising campaigns full stem ahead.
This auto manufacture has firmly nestled itself in the Upstate and will continue to deliver a top quality product to its ever increasing market. To the employees of BMW, we applaud you for your efforts and salute you for the time you dedicate to your profession because ultimately it is you that is forever helping our State.
Israel Heath McGuire
New City Real Estate
Posted in Economics