BMW Group May Worldwide Vehicle Sales Rise 5.9%

(RTTNews) - German luxury car giant Bayerische Motoren Werke AG or BMW Group (BAMXY, BAMXF, BMW.L) reported Friday a 5.9 percent increase in worldwide sales for the month of May, mainly reflecting strong performance by the namesake brand as well as MINI. The company said sales increase in all regions globally.

Ian Robertson, Member of the Board of Management of BMW AG, Sales and Marketing BMW said, "The solid growth the BMW Group has achieved this year continued in May, with all sales regions recording an increase in sales."

The Munich-based company said it sold 188,287 BMW, MINI and Rolls-Royce vehicles worldwide in the month of May, up 5.9 percent from the year-ago period, making it the company's best May sales ever.

BMW Group said achieved a sales rise in all regions globally, continuing its strategy of seeking growth balanced around the world.

BMW brand sales for the month grew 4.0 percent to 159,129 vehicles from a year ago. MINI brand's worldwide deliveries for the month grew 18.3 percent to 28,831 vehicles from last year.

At BMW Motorrad, sales for motorcycles and maxi-scooters in May grew 6.5 percent to 15,004 vehicles from last year.

For the year-to-date five-month period, BMW Group sales climbed 7.7 percent to 890,937 million BMW, MINI and Rolls-Royce vehicles from last year, reaching a new sales record for the period. The company noted that it recorded sales growth in all three major sales regions in the five-month period of 2015.

BMW brand sales for the period increased 5.2 percent to 759.609 million vehicles from the prior-year period. MINI brand sales grew 25.9 percent for the year-to-date period to 129,910 vehicles from last year. At BMW Motorrad, sales rose 6.4 percent to 62,928 vehicles from the year-ago period.

"Our innovative, new products are achieving pleasing sales around the world and I am delighted that we have sold over 10,000 BMW i vehicles in the first five months of this year," Robertson added.

On Frankfurt's Xetra, BMW shares are currently trading at 100.30 euros, down 0.95 euros or 0.94% on a volume of 0.88 million shares.