Mini sales rise (From Herald Series)
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Mini sales rise
9:46am Wednesday 1st August 2012 in News
By Andrew Smith, Business Editor. Call me on 01865 425460
Sales of the Cowley-built Mini rose by seven per cent in the first half of the year, figures from parent company BMW have revealed.
A total of 151,875 cars were sold globally with the largest Countryman model putting in a strong performance with 49,588 models leaving showrooms, up 23.4 per cent on the same period last
year.
But despite the upbeat performance from Mini and other models, BMW’s pre-tax profits for the period to the end of June slipped by 6.9 per cent to £3.19bn with the company blaming higher personnel
costs, increased development expenditure and intense market competition.