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Industry: Email Alert RSS FeedBMW Group reports revenue increase in 2006.(DIGEST)(Financial report)
Powersports Business, February, 2007
The BMW Group said revenue generated from its motorcycle segment rose 3.4 percent in 2006.
Overall, the manufacturer reported record sales volume and revenues for all its products. The group revenue increased 5 percent to euro 48.9 billion ($63.4 billion) last year.
Revenue generated from its auto segment rose 4.2 percent to euro 47 billion ($61.8 billion) in 2006.
The company said it continues to foresee a prosperous fiscal year for 2006. "We remain confident that we will be able to post record pretax earnings of euro 4 billion for 2006," Norbert Reithofer, chairman of BMW AG's Board of Management, said in a press release.
The group's motorcycle sales rose past the 100,000 mark for the first time this year and the percentage of...
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