Pursuits
BMW Bolstered by Asia as Port Operator Sees 6% Gain in 2012
This article is for subscribers only.
Bremerhaven BLG, the North Sea car terminal that exports two-thirds of autos shipped from Germany, said demand from Asia should be sufficient to increase volumes even if the euro crisis leads to a collapse in European sales.
BLG, which handles the majority of cars exported by Daimler AG, Porsche AG and Bayerische Motoren Werke AG, predicts auto shipments will surge more than 20 percent this year to 1.95 million, followed by a gain of about 6 percent to 2.06 million in 2012, sales chief Wolfgang Stoever said in an interview.