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. "