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      01-30-2008, 11:51 AM   #1
stressdoc
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Thumbs up BMW AG sets sales record in 2007

Those of you astute enough to pick up some more shares of BMW AG during the recent stock market dip are looking good. News from the USA press site:

"BMW GROUP (WORLDWIDE): 2007 SALES REVENUE RISES TO RECORD LEVEL
01/30/2008

Sales revenue up by 14.3% to euro 56,018 million+++
Sales volume set to reach new high level again in 2008+++


Munich. The BMW Group has achieved a new sales revenue record in 2007. Compared to the previous year, group revenues rose by 14.3% to euro 56,018 million (2006: euro 48,999 million). Revenues of the Automobiles segment went up by 12.7% to euro 53,818 million (2006: euro 47,767 million). The Motorcycles segment reported sales of euro 1,228 million (2006: euro 1,265 million /-2.9%), while the Financial Services segment increased its revenues by 25.8% to euro 13,940 million (2006: euro 11,079 million).

The total number of BMW, MINI and Rolls-Royce brand vehicles delivered to customers in 2007 also rose to its highest level to date, with the sales volume rising by 9.2% to 1,500,678 units (2006: 1,373,970 units). This upper single-digit growth rate means that the BMW Group was well within the sales volume target that it had set itself for the full year. "