Asia, US boost BMW sales; Europe sales down
FRANKFURT - BMW AG saw sales rise 6.4 per cent in May from a year ago, as big increases in Asia and better numbers in United States overcame a dip in struggling Europe.
The Munich-based auto maker sold 156,957 cars in the month compared to 147,565 in May, 2011.
Sales in Asia rose 25.7 per cent, and 31.5 per cent in China alone. Sales in the key U.S. market rose 7.1 per cent.
Meanwhile the numbers in Europe, where BMW sells just under half its cars, fell 1.7 per cent. The continent is struggling with a debt crisis and a slow economy.
A 1967 Shelby GT500 Super Snake sold for $1.3 million. Do you think classic cars were made better than modern rides?
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- Yes, the quality of cars from the 1960s and '70s is the best
- No, modern technology makes cars better today
- Maybe, it's hard to say since most Canadians get a new car every 10 years