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Press Release

BMW of North America Announces October Sales

11/07/96


BMW Continues To Set Sales Records; Reports All-Time Record For October


WOODCLIFF LAKE, N.J., Nov. 4 -- BMW of North America,
Inc. continues to set monthly sales records, reporting 9,944 vehicles
for the month of October, 1996. Year-to-date sales, also significantly
higher than for any other ten-month period, were 90,093 vehicles.

Stronger sales of all model lines contributed to BMW's extraordinary
performance this month, including:

-- continued strong sales due to increased availability of the all-new
5 Series models;

-- continued excitement and showroom traffic generated by the new Z3
roadster;

-- high demand for the 7 Series models in the prestige segment of the
luxury car market.

The monthly sales figure represents an increase of 30 percent over
7,651 vehicles sold last year while the year-to-date boost is 14.5
percent higher than recorded sales of 78,672 in 1995.

In the United States, BMW of North America, Inc. and Land Rover North
America, Inc. are members of the BMW Group. The consolidated U.S.
sales for October are 11,821 (BMW 9,944 and Land Rover 1,877) and
consolidated year-to- date sales are 120,514 (BMW 90,093 and Land
Rover 18,600).

SALES REPORT FOR OCTOBER 1996
                                     1996                 1995
--------------------------------------------------------------
October                              9944                 7651
Year-to-Date                        90093                78672

Tourist Delivery Sales
October                               132                   78
Year-to-Date                          937                  712

                            October     Year-to-Date     Year-to-Date
                              1996          1996            1995
----------------------------------------------------------------
318ti                         1027          6906
318is                          259          2096
318i 4-door                    398          4072
318iC                          195          2582
325is                            3           241
325i 4-door                      4           552
325iC                            5           758
328is                          500          5649
328i 4-door                    904         12486
328iC                          522          6464
M3 2-door                      239          2733
M3 4-door                      128           128
3 Series                      4184         44667             47648

Z3                            1885         12190
Z3                            1885         12190

525i                            22          2743
525iT                           22           643
528i                          1518         11137
530i                            -2           600
530iT                            0            21
535i                             0             0
540i                             1           553
540i (E39)                     523          3456
M5                               0             0
5 Series                      2084         19153            18330

635CSi                          -1             0
6 Series                        -1             0               -2

74OiA (E38)                     -2           691
740i (M62)                     450          1492
740iL (E38)                     -3           607
750iL                            3            43
74OiL (M62)                   1253          9938
75OiL (E38)                     46           864
7 Series                      1747         13635             11853

840CiA                          36           314
850CiA                           8           129
850CSi                           1             5
8 Series                        45           448               843

Without Tourist      1996       1995
------------------------------------
October              9812       7573
Year-to-Date        89156      77960