Demand drives best-ever BMW sales in Britain
Tuesday 08 January 2013
BMW toasted surging demand for the new Mini Coupé and BMW 3 Series yesterday, as the German-owned car giant enjoyed its best-ever year in the UK.
The company sold 178,854 new BMW and Minis during 2012 – a 7.2 per cent jump on the previous year, which pushed its share of the overall car market to a record 8.8 per cent. This means that one in 11 of all new cars sold in the UK last year was made by BMW.
The eye-catching performance – attributed to the introduction of the BMW 3 Series Saloon and Touring and the newly launched Mini Coupé and Roadster models –came against the backdrop of the fastest growth for the UK car industry in more than a decade.
New car sales rose 5.3 per cent to 2.04 million last year, the strongest rise since 2001 and the best in terms of new sales since 2008.
The soaring price of petrol pushed up the demand for more fuel-efficient "mini" cars, with an engine capacity of less than one litre, which saw models like the Toyota IQ and Vauxhall Agila snapped up.
The best-selling car in Britain last year was again the Ford Fiesta, with nearly 110,000 purchased. It has held this position since its launch in 2008.
Richard Lowe, head of retail and wholesale at Barclays, said: "As we look to the year ahead the real question is whether this demand will hold. Consumer pockets will continue to be squeezed."
Olympic diver has made his modelling debut for Adidas
- 2 Scottish independence: Learn from Quebec's mistakes and beware of promises. Vote Yes.
- 3 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 5 Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Thailand beach murders: Thai PM suggests 'attractive' female tourists cannot expect to be safe wearing bikinis
Scottish independence: Final opinion polls show undecided voters could swing the result either way
Isis release 'Flames of War' video warning Obama of attacks troops could face in Iraq
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Alan Henning: British Muslim leaders unite to call on Isis to release UK hostage
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Portuguese academic says British are 'filthy, violent and drunk'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
iJobs Money & Business
£18000 - £23000 per annum + Comission: SThree: The SThree group is a world lea...
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
£20000 - £25000 per annum + OTE £35,000 first year: SThree: The SThree group i...
£20 - 24k (Uncapped Commission - £35k Year 1 OTE): Guru Careers: We are seekin...