Business Services Industry

BMW Group Posts Increase in U.S. Sales.

Knight Ridder/Tribune Business News, May, 2003

Herald-Journal, Spartanburg, S.C. Knight Ridder/Tribune Business News

May 2--The BMW Group, thanks to a strong month from the company's MINI brand, reported a slight April increase in U.S. sales.

Sales of the BMW Group, which include BMW brand and MINI brand vehicles, improved less than 1 percent to 24,131 in the month.

The MINI brand reported April sales of 3,121 -- up from 1,559 last April.

BMW brand sales alone, meanwhile, fell 6.4 percent to 21,010.

Officials blame a 34-percent drop in sales of the BMW X5 sports activity vehicle, made at Spartanburg County's BMW Manufacturing Corp., on low inventories. The New Jersey-based group reported U.S. sales of 2,716 X5s in April.

Sales of the Z4 roadster, also...

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