(Reuters) -German carmaker BMW reported on Tuesday rising sales in the third quarter of the year, lifted by its performance in Europe and in the United States. BMW group achieved quarterly sales of
BMW Sees Q3 Sales Surge Driven by Strong US and European Markets
BMW's Strong Q3 Sales Performance
(Reuters) -German carmaker BMW reported on Tuesday rising sales in the third quarter of the year, lifted by its performance in Europe and in the United States.
BMW group achieved quarterly sales of 588,300 vehicles, up 8.8% compared with the same quarter a year ago.
Sales in Europe grew by 9.3%, while sales in the United States increased by 24.9%, said the carmaker.
Sales Growth in Key Markets
"The strong sales performance in Europe and the Americas, as well as for the MINI brand, is particularly encouraging," said Jochen Goller, management board member of BMW.
Comparison with Competitors
The Bavarian carmaker's results contrast with rival Mercedes, which earlier on Tuesday reported declining sales as U.S. import duties and intensifying competition in China dented its sales.
(Reporting by Christina Amann, Writing by Tristan Veyet in Gdansk, editing by Miranda Murray)
