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BMW Group Reports First Quarter Sales; Second-Best Month For BMW Group and BMW Brand

WOODCLIFF LAKE, N.J., April 1 -- The BMW Group (BMW and MINI brands combined) reported an increase of 9 percent in March sales for 25,545 vehicles compared to the 23,432 sold that month in 2003, making it the second-best sales month in the BMW Group's history. The BMW Group also reported year-to-date sales of 61,241 vehicles, a slight decrease (1.8 percent) from the 62,382 sold in the first quarter of 2003.

BMW Brand Reports Sales

BMW of North America, LLC reported its second best month ever, and a 10 percent increase in March sales of automobiles and Sports Activity Vehicles, to 22,688 vehicles compared to the 20,611 reported last March.

New products such as the all-new 6 Series and the X3 Sports Activity Vehicles are becoming available at dealerships, contributing to BMW's the strong sales.

Year-to-date, sales of BMW brand vehicles were down slightly, 2.3 percent, for sales of 52,970 vehicles compared to 54,199 vehicles sold in first three months of 2003.

BMW Automobile Sales

BMW's automobile sales increased 1 percent in March, to 17,733 versus 17,517 in the same month a year ago. First quarter sales were down 8.6 percent, to 41,924 automobiles compared to 45,889 in the same period a year ago.

BMW Sports Activity Vehicle Sales

Year-to-date, sales of BMW Sports Activity Vehicles are up 60 percent in March due to sales of the new X3. Total March SAV sales were 4,955, compared to 3,094 vehicles sold in March 2003. Inventories of BMW's X5 Sports Activity Vehicles remain low which was reflected in sales of that model. Year-to-date, sales of SAVs are up 33 percent for 11,046 vehicles versus the 8,310 sold in the first three months of 2003.

Certified Pre-owned

Certified Pre-owned BMW sales were strong, too, as the company reported its second-best month ever with 6,846 vehicles sold over the 5,402 last March, an increase of 27 percent. Year-to-date, the company reported sales of 17,322 CPO vehicles, up 14 percent over the 15,204 units sold during the first quarter of 2003.

  MINI Brand

  MINI Automobiles

Demand for MINI brand automobiles continued as the MINI division celebrated its second anniversary in the U.S. market on March 22nd. Inventories of both models continue to be low, with less than a ten-day supply available to dealers. First quarter sales of MINI automobiles are up 1.1 percent with sales of 8,271 over the 8,183 sold in the first three months of 2003. March 2004 sales were up with 2,857 cars sold compared to 2,821 sold a year ago, an increase of 1.3 percent.

BMW Group In America

BMW of North America, LLC has been present in the United States since 1975. ROLLS-ROYCE Motor Cars NA, LLC began distributing vehicles in 2003. The BMW Group in the United States has grown to include marketing, sales, and financial service organizations for the BMW brand, the MINI brand, and the ROLLS-ROYCE brand of Motor Cars; DesignworksUSA, an industrial design firm in California; a technology office in Silicon Valley and various other operations throughout the country. BMW Manufacturing Co., LLC in South Carolina is part of BMW Group's global manufacturing network and is the exclusive manufacturing plant for all Z4 roadster and X5 Sports Activity Vehicles. The BMW Group sales organization is represented in the U.S. through networks of 340 BMW passenger car centers, 327 BMW Sports Activity Vehicle centers, 148 BMW motorcycle retailers, 76 MINI passenger car dealers, and 25 ROLLS-ROYCE Motor Car dealers. BMW (US) Holding Corp., the BMW Group's sales headquarters for North, Central and South America, is located in Woodcliff Lake, New Jersey.

Information about BMW Group products is available to consumers via the Internet at:

   www.bmwusa.com
   www.bmwmotorradusa.com
   www.miniusa.com
   www.rolls-roycemotorcars.com

                     BMW Car Sales Report for March 2004

                                                  2004       2003

  March                                         17,733     17,517
  Year-to-Date                                  41,924     45,889

  Model                                          Year-                 Year-
                                                   to-                   to-
                                      March       Date      March       Date
                                       2004       2004       2003       2003

  325i                                3,254      8,015      3,943      9,673
  325Ci                                 698      1,660        697      1,892
  325Ci Convertible                     870      1,854        809      1,780
  325i Sports Wagon                     145        393        155        511
  325xi                               1,689      3,998      1,545      3,715
  325xi Sports Wagon                    135        323        207        592
  330i                                  673      1,653        884      2,388
  330Ci                                 466      1,159        564      1,733
  330Ci Convertible                     782      1,701        680      1,671
  330xi                                 603      1,431        492      1,427
  M3                                    443      1,189        366      1,127
  M3 Convertible                        286        728        375        921
     3 Series                        10,044     24,104     10,717     27,430
  Z3 2.5 roadster                         0          0         31         95
  Z3 3.0 roadster                         0          0          6         12
  Z3 3.0 Coupe                            0          0          1          5
  Z4 2.5i roadster                      535      1,225        937      2,438
  Z4 3.0i roadster                      795      1,253        649      1,687
  M roadster                              0          0          1          3
  M Coupe                                 0          0          0          0
  Z3 and Z4                           1,330      2,478      1,625      4,240
  525i (E39)                              0          0      1,212      3,075
  525i Sports Wagon (E39)                 0         19        339        339
  525i (E60)                          1,337      3,738          0          0
  530i (E39)                              0          0      1,642      4,437
  530i (E60)                          1,749      4,586          0          0
  540i Sports Wagon (E39)                 0          2         28         69
  540i (E39)                              0          0        449      1,111
  545i (E60)                            775      1,938          0          0
  M5 (E39)                               12         45        211        461
  5 Series                            3,873     10,328      3,660      9,492
  645Ci                                 729        729          0          0
  645Ci Convertible                     313        313          0          0
  6 Series                            1,042      1,042          0          0
  745i                                  497      1,432        389      1,176
  745Li                                 854      2,313        993      3,333
  760Li                                  67        180         85        123
  7 Series                            1,418      3,925      1,467      4,632
  Z8                                      1          2         48         95
  Z8 Alpina                              25         45          0          0
  Z8                                     26         47         48         95

                                 BMW Sports Activity Vehicle (light trucks)
                                         Sales Report for March 2004

                                                  2004       2003

  March                                          4,955      3,094
  Year-to-Date                                  11,046      8,310

  Model                                          Year-                 Year-
                                                   to-                   to-
                                      March       Date      March       Date
                                       2004       2004       2003       2003

  X3 2.5i                             1,341      1,722          0          0
  X3 3.0i                             1,210      2,682          0          0
  X3                                  2,551      4,404          0          0
  X5 3.0i (US)                        1,739      4,963      2,285      6,010
  X5 4.4i (US)                          661      1,665        725      2,006
  X5 4.6is (US)                           4         14         84        294
  X5                                  2,404      6,642      3,094      8,310

                                       MINI Sales Report for March 2004

                                                  2004       2003

  March                                          2,857      2,821
  Year-to-Date                                   8,271      8,183

  Model                                          Year-                 Year-
                                                   to-                   to-
                                      March       Date      March       Date
                                       2004       2004       2003       2003

  MINI Cooper                         1,432      4,193      1,660      4,603
  MINI Cooper S                       1,425      4,078      1,161      3,580

  Total MINI                          2,857      8,271      2,821      8,183