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PressClub India · Article.

Number One. BMW India ranks Number One in the Indian luxury car segment for the second consecutive year.

+ BMW India records “Highest sales by a manufacturer in the Indian luxury car segment in a year.” ++ With 73% growth in sales in 2010, BMW India achieves over 40% market share of the luxury car segment.

Corporate Finance, Facts, Figures
·
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Press Contact.

Abhay Dange
BMW Group

Tel: +91-124-456-6656

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Author.

Abhay Dange
BMW Group

New Delhi. With 6246 cars delivered to customers in the calendar year 2010, BMW India has achieved leadership position in the luxury car segment in India for the second consecutive year.

In 2010, BMW India sold –

Product

Units

 

The BMW 3 Series

2432

 

The BMW 5 Series

2403

 

The BMW 6 Series

12

 

The BMW 7 Series

535

 

The BMW X1

187

 

The BMW X3

28

 

The BMW X5

228

 

The BMW X6

189

 

The BMW Z4

82

 

The BMW Gran Turismo

150

 

Total

6246

(73% growth over 2009)

Dr. Andreas Schaaf, President, BMW India said, “Our commitment to India is amongst the strategic decisions of the BMW Group. In 2010, we embarked on the second wave of India market offensive with a very carefully planned and passionately executed business strategy. I am truly impressed with the entrepreneurial foresight, willingness to perform and adaptability to challenges that everyone at BMW India has demonstrated. Together with our dealer partners, we have established the strategic direction required for BMW Group’s future success in India.”

The total BMW India sales in 2010 grew by 73% over last year. The BMW 3 Series sales registered a growth of over 111%, the new BMW 5 Series of 51% and the BMW 7 Series of 53%.

“We live by Premium: Our strong brand creates highly desired cars, cars with future, vehicles that inspire our customers – and will take our company to a new dimension through their success. The BMW 3 Series, the new BMW 5 Series, the new BMW 7 Series and the newly launched BMW X1 are stars from the BMW portfolio that will take our company to new heights through their success” said Dr. Andreas Schaaf.

In 2010, BMW India achieved market share of over 40 % in the luxury car segment of the Indian automotive market.

BMW Group took a bold step in its Asia Strategy in 2007 by establishing the BMW India headquarters in Gurgaon (National Capital Region), a Central Parts Warehouse in Mumbai and the BMW Plant Chennai in Tamil Nadu. Presently, the BMW Plant Chennai produces the BMW 3 Series, the BMW 5 Series and the BMW X1 in petrol and diesel variants and has a capacity to produce 8000 units per year on a single shift basis. In medium term, BMW India has employed around 400 people; up to 1200 additional jobs have been created in the dealer and service network. Presently, BMW India is present at 20 locations in the Indian market.

If you have any queries, please contact:

Press and Corporate Affairs

Abhay Dange, General Manager, Press and Corporate Affairs

Cell: +91 9910481013 Tel: + 91 124 4566 600 Fax: + 91 124 4566 612 Email: Abhay.Dange@bmw.in

Richa Sharma, Executive, Press and Corporate Affairs

Cell: +91 9910022148 Tel: + 91 124 4566 656 Fax: + 91 124 4566 612 Email: Richa.Sharma@partner.bmw.in

Internet: www.bmw.in

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