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BMW reports record first quarter sales
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IANS | 04 May, 2016
German car producer BMW Group
reported here on Tuesday that its sales have reached a new record in the
first quarter of the year.
According to the group's statistics,
sales volume in its automotive segment for the Bavarian company rose by
5.9 percent to a total of 557,605 units in the first three months of the
year.
A total of 127,167 units were sold on the Chinese mainland
in the first quarter, representing an increase of 10.5 percent, Xinhua
reported.
"Our first-quarter performance is further proof of our
ability to generate positive earnings with our core business, despite a
volatile environment," Harald Krueger, chairman of the board of
management, was quoted as saying.
"We forecast slight increases
and thus new record figures for sales volume in the automotive segment
and group profit before tax in 2016," Krueger added.
In addition,
BMW reported that its size of the workforce increased by 4.4 percent to
122,692 people compared with the same period last year.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
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64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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