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BMW Celebrates First Quarter With Record Sales

5 April 1999

BMW Celebrates First Quarter With Record Sales; Reports Strongest March Ever With 19 Percent Increase
    WOODCLIFF LAKE, N.J., April 2 -- BMW of North America, Inc.
outsold all international luxury passenger car competitors during the first
quarter, reporting sales of 35,808, compared to 30,939 automobiles sold during
the same period last year, an increase of 16 percent.  BMW of North America
also reported its best month ever in the U.S. as sales vaulted by 19 percent
this month to 14,527 automobiles, compared to 12,239 a year ago.
    Strong sales of the new BMW 3 Series sedans, the 323i and the 328i, drove
a 53 percent increase in 3 Series sales compared to March 1998.  Earlier this
week, BMW introduced its new 3 Series coupes at the New York International
Auto Show.  The coupes are distinguished from their sedan counterparts in
several significant ways.  While sharing a family resemblance to their sedan
brethren, virtually every body panel is different.  In their exterior
dimensions, the coupes are slightly longer, wider and lower than the sedans.
The new coupes go on sale in July as 2000 models with manufacturer's suggested
retail prices of $28,990 for the 323Ci and $33,990 for the 328Ci.
    BMW Group combined outsold luxury competitors (when cars and SUVs
combined) for the first quarter and the month.  Consolidated March sales for
the two companies jumped 25 percent to 16,983 units (BMW: 14,527; Land Rover:
2,456) and consolidated year-to-date sales increased 21 percent to 42,266
vehicles (BMW: 35,808; Land Rover: 6,458).
    Land Rover North America, Inc. reported record sales, too, with impressive
March sales of 2,456 vehicles, compared to 1,341 a year ago, an increase of
83 percent.  Year-to-date sales jumped 64 percent, to 6,458 vehicles.  Land
Rover reported year-to-date sales of 3,932 a year ago.
    BMW of North America, Inc. and Land Rover North America, Inc. are members
of the BMW Group.

                       BMW SALES REPORT FOR MARCH 1999

                              1999          1998
    March                    14527         12239
    Year-to-Date             35808         30939

                             March  Year-to-Date        March  Year-to-Date
                              1999          1999         1998          1998

    318ti                       94           252          290           862
    318is                        2             3           35            82
    318i 4-door                 43           125          481          1123
    318iC                        1             2           14            24
    323i (E46)                2713          6748                          0
    323is                      460          1027          382          1312
    323iC                      572          1374          660          1656
    325is                        0             0            2             2
    328is                      294           664          292           732
    328i 4-door                 55           160         1202          2700
    328i (E46)                1594          3839            0             0
    328iC                      393           954          643          1511
    M3 2-door                  368           669          256           686
    M3 4-door                    6            39          358          1023
    M3 convertible             464          1082            0             0
            3 Series          7059         16938         4615         11713
    Z3 1.9(US)                  23            74         1039          2341
    Z3 2.3(US)                1031          2665         1321          2990
    Z3 2.8 Roadster (US)       542           977
    Z3 2.8 Coupe (US)          118           284                          0
    M Roadster (US)            260           723          224           225
    M Coupe (US)                70           202                          0
             Z3               2044          4925         2584          5556
    525i                         0             0            2             6
    525iT                        0             0            1             3
    528i                      2516          6532         2670          7548
    528i sport wagon           243           842                          0
    540i sport wagon            63           198                          0
    540i (E39)                 673          1794          602          1624
    M5                           0             0                          0
            5 Series          3495          9366         3275          9181
    740i                       471          1304          589          1495
    740iL                     1379          3094         1086          2718
    75OiL                       79           180           88           271
              7 Series        1929          4578         1763          4484
    840CiA                       0             1            1             4
    850CSi                       0             0            1             1
                8 Series                       1            2             5

                    LAND ROVER SALES REPORT FOR MARCH 1999

                              1999          1998

    March                     2456          1341
    Year-to-Date              6458          3932

                             March  Year-to-Date        March  Year-to-Date
                              1999          1999         1998          1998
    Range Rover                487         1,714          515          1635

    Discovery                1,969          4744          806          2200
    Defender                     0             0           20            97

    NOTE: Range Rover sales include 4.6 HSE and 4.0 SE; Discovery sales
          include Discovery and Discovery Series II.