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BMW affirms target to hike sales as China drives May deliveries

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BMW affirms target to hike sales as China drives May deliveries
FILE PHOTO: The BMW logo is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard   -   Copyright  Eric Gaillard(Reuters)
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BERLIN (Reuters) – German luxury carmaker BMW affirmed its target to increase sales this year after group sales rose by 3.2% in May year-on-year, driven by strong demand from mainland China.

“Despite the ongoing competitive and volatile global market environment, the BMW Group expects to achieve an increase in sales in 2019,” the Munich-based company said in a statement on Thursday, adding it will continue to prioritise profitability over volume.

(Reporting by Thomas Seythal; Editing by Tassilo Hummel)

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