BMW Group India has reported its highest-ever first quarter gross sales (January-March 2019), with all three manufacturers – BMW, Mini and BMW Motorrad – being on a robust progress observe from the beginning of the 12 months.
The carmaker delivered 2,982 automobiles (BMW and Mini) registering a year-on-year progress of 19 p.c, in comparison with Q1 2018. BMW India bought 2,822 automobiles (up 19 p.c) and Mini India bought 160 automobiles (up 18 p.c).
These outcomes come on the again on a robust efficiency in calendar 12 months 2018, when BMW Group India bought 11,105 automobiles (together with Mini), registering a 13 p.c year-on-year progress.
BMW mentioned the 5 Sequence and the 6 Sequence Gran Turismo and the domestically produced SUV vary, led by the all-new X4, contributed to the general progress. The Mini hatch and the now domestically produced Mini Countryman collectively commanded a share of over 80 p.c in Mini gross sales.
Commenting on the Q1 numbers, Dr Hans-Christian Baertels, president (Act.), BMW Group India, mentioned, “BMW Group India is on a progress path. Closing 2018 with highest gross sales ever, the momentum has been efficiently carried ahead into 2019 by registering the perfect Q1 gross sales until date. We’re assured that the expansion technique for BMW, Mini and BMW Motorrad will yield even greater leads to the approaching months and we are going to proceed to develop the luxurious car market in India.”
This 12 months, the BMW Group plant in Chennai, which assembles 10 automotive fashions, is predicted to start out the native manufacturing of the X7.
Demand for luxurious automobiles could possibly be subdued for the subsequent few months as a result of weak general automotive shopping for sentiment. Volvo India just lately introduced that it bought 2,687 models in the 2019 fiscal (April-March), registering a progress of 25 p.c year-on-year, albeit on a decrease base.