The Usual Stuff

Monday, 1 February 2010

BMW Officials Hopeful For Revenue Growth In 2010 Despite Recession.

The global recession has badly effected the world and many giant car manufacturers are facing difficulties in operating profitably or even with positive cash flows. Huge losses has already put a great pressure and now the businesses are seeking for radical steps. Despite these hardships, the BMW officials are hopeful and speculate there revenue ti increase but in a single digit percentage.

New models are expected to be unleashed therefore expecting economic recovery in the year 2010. BMW was already ahead of its competitors in terms of sales units in 2009 where 1,068,770 BMW branded cars were sold. With projected sales of 1.3 million units is 2010 the BMW is anticipating 22% increase in sales units.

One of the BMW official Reithofer said:
The BMW Group can start the new year with a certain amount of optimism. New models will provide tailwind over the course of the year. We fully intend to remain the world’s leading provider of premium vehicles in 2010 and plan to increase sales within the single digit percentage range to over 1.3 million units

BMW has a fair reason for this optimism. With its highly successful version of series 5 in 2009, this march will witness some of sensations in the form of The new BMW X1 and BMW 5 Series Gran Turismo models.

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