// IP Marketing video - START// IP Marketing video - END

BMW aims for record sales in 2012

BMW aims for record sales in 2012

PanARMENIAN.Net - German top-of-the-range carmaker BMW said on Tuesday, March 13 it was confident it would be able to achieve record sales and earnings again this year following a bumper year in 2011.

"The BMW group is confident about the current financial year after a record year in 2011," AFP quoted chief executive Norbert Reithofer as saying.

"We are targeting new highs in sales volume and pre-tax earnings for 2012."

As already reported last week, BMW booked net profit of 4.907 billion euros ($6.5 billion) in 2011, an increase of 51.3 percent year-on-year, and pre-tax profit rose by 52.1 percent to 7.383 billion euros.

Unit (Berlin: UN7.BE - news) sales were up 14.2 percent at 1.669 million vehicles, pushing up revenues by 13.8 percent to 68.821 billion euros.

 Top stories
Yandex and Uber said they will join forces in the six countries to create a new company operating in some 127 cities.
“A more efficient and reliable energy distribution network is important for economic growth in Armenia”, - said Sonali Tang.
As the National Statistical Service reports, imports to Armenia totaled $803.7 million, registering a 17.9% increase year-on-yea
75.8 million kWh of Armenian electricity have been shipped to the Georgian market in the first quarter of 2017.
Partner news