BMW aims for record sales in 2012 March 13, 2012 - 16:22 AMT 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. Partner news  Top stories Zvartnots airport will host a press conference on May 24 on the operation of Tel Aviv-Yerevan- Tel Aviv flights. “The increase for energy tariffs is prompted by a price hike for gas used in production,” Garegin Baghramyan said. Earlier, ArmRosgazprom CJSC addressed Armenia’s Public Services Regulatory Commission with an offer to reconsider natural gas prices. Finance Minister linked the step with the collection of air taxes. He further noted that lawsuits were filed by other lenders, too.   Partner news |  Latest news Kerry, Lavrov to discuss Syria in Paris  U.S. officials say they want to advance efforts to start talks between the Syrian government and opposition leaders.Muse to play free London show after Brad Pitt’s “World War Z” premiere The concert will take place on Sunday, June 2 and 15,000 tickets will be made available for the event.Gael Garcia Bernal to topline Jon Stewart’s “Rosewater” Bernal recently starred in Pablo Larrain's "No" and produced "Chavez," which stars Michael Pena.Large blast heard in center of Kabul The explosion occurred at about 4 pm in the downtown district of Borj-e Sharahah, a Kabul police spokesman said. |
