BMW Sees Stronger Sales Despite Challenging Year Ahead
- Delivery growth during 2018 slows to lowest in a decade
- Carmaker expects solid growth China, Europe could stay flat
A BMW AG sport utility vehicle (SUV) parked outside a dealership in Seoul.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
BMW AG said it’s on course to deliver another sales increase this year as revamped models like the X7 sport utility vehicle and solid growth in China offset challenging market conditions.
Deliveries are expected to rise by a low- to mid-single digit amount, the Munich-based company said Friday in a statement, echoing rival Audi this week in predicting a difficult environment for the sector in 2019. BMW’s sales growth slowed to 1.8 percent last year, the lowest in a decade.