BMW expects to outpace rivals as luxury car sales soar

BMW has posted record car sales for 2011 and forecast that a boom in luxury cars would keep it ahead of rivals this year as the world’s biggest maker of premium cars sees strong demand from China and the US.

BMW expects to outpace rivals as luxury car sales soar

The Munich-based company said that worldwide sales of BMW, MINI and Rolls-Royce cars rose 14.2% to 1.67 million last year as it sold more X3 sport utility vehicles, 5 Series models and MINIs.

Appetite for BMW’s luxury cars reached a new high, with annual sales of Rolls-Royce vehicles in 2011 rising to the highest level in the company’s 107-year history, jumping almost 31% to 3,538 cars.

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