According to the last numbers published by Forbes registrations of BMW vehicles jumped 24.8%, in April. Most of the European automakers have seen an increase in their sales, but BMw had a great run due to the release of their new models.
The BMW 1 Series coupe has been a real winner for the german automaker and it has exceeded their expectations. The new Sports Activity Coupe, BMW X6, is expected to do fairly well in the European market, even though it is geared towards the U.S market.
In our opinion, the BMW Marketing department has done an outstanding job making the 1 Series Coupe an attractive buy, despite the higher than expected base price.
According to the analyst Michael Tyndall, BMW extended interest in reducing fuel consumption and their latest EfficientDynamics technology are some factors that helped with the strong results.
Shares in BMW rose 1.3%, or 5 euro cents (8 cents), to 37.03 euros ($57.58), on Friday afternoon in Frankfurt.
Full Story on Forbes.com