BMW sales up in January on China boost: Report

Written by Reuters | Updated: Feb 10 2014, 19:44pm hrs
German luxury car maker BMW is set to sell more vehicles in January compared to last year thanks to rising demand in China, where group deliveries surged more than 20%, Frankfurter Allgemeine Sonntagszeitung reported.

Group deliveries, including the Mini and Rolls-Royce brands, increased in single-digit terms in the US and were also up in core European markets, the newspaper quoted finance chief Friedrich Eichiner as saying.

BMW, the world's largest luxury car maker, is expected to publish official group sales data for January next week.

German rivals Audi and Mercedes-Benz posted double-digit gains in January deliveries, with Chinese sales up 18% and 45%, respectively.

Separately, the CFO said BMW expects no major burden on results this year from the strong euro, thanks to currency hedging policies.