Press Release
BMW Announces Sales Record
12/12/96
BMW Shatters 100,000-Unit Luxury Car Sales Ceiling WOODCLIFF LAKE, N.J., Dec. 10 -- With demand for its vehicles higher than ever, BMW of North America, Inc. today announced it has now sold more than 100,000 vehicles, marking the first time BMW has hit that milestone in a single year. The achievement also marks the first time that a German luxury import has sold more than 100,000 vehicles in a single year, confirming BMW's position as top-selling luxury import in the U.S. "In a passenger car market that's down 1.5 percent year-to-date, BMW's sales were up 15.3 percent," explained Victor Doolan, head of BMW sales and marketing in the U.S. "Moreover, our sales growth over the past five years has increased an unmatched 87 percent." BMW entered the North American market in 1975. Since then the company has grown to include marketing, sales and financial services organizations in the United States and Canada; a South Carolina manufacturing operation; a design firm in California; and various other operations throughout the U.S. and Canada. BMW is represented in North America through a network of 378 automobile and 190 motorcycle retailers in the United States and Canada. BMW (US) Holding Corp., the brand's North American headquarters, is located in Woodcliff Lake, New Jersey. Information about BMW and its products is available to consumers via the World Wide Web on the BMW homepage. The address is: http://www.bmwusa.com.