BMW Motorcycles Scorching Sales for First Half of 1999
23 July 1999
BMW Motorcycles Scorching Sales for First Half of 1999; BMW AG to Invest Nearly 80 Million in Berlin Plant Expansion/RenovationWOODCLIFF LAKE, N.J., July 22 -- BMW of North America, Inc. has retailed more than 5,000 bikes in the first half of 1999, a figure that surpasses the total annual sales of 1996. For the first time in 18 years, BMW Motorcycle sales have exceeded 1,000 units four months in a row. According to Ed Robinson, Vice President of BMW North America, Motorcycles, "Everyone involved with BMW Motorcycles deserves to share in this success. At the core of our brand lies the undeniable pleasure and excitement of riding motorcycles. We are reminded of this by both long time BMW riders, and new ones, at each event we attend. With award-winning new models BMW Motorcycles is well on track for another record-setting year." The sales success in the first half of 1999 can be attributed to balanced strength across the entire model range, with the new K 1200 LT and the ever popular R 1200 C at the heart of the batting order. In a sign that BMW Motorcycle sales world wide are enjoying a similar strength, BMW AG plans to invest roughly 80 million dollars over the next three years to expand its motorcycle-manufacturing facilities at Berlin- Spandau. The Spandau plant currently produces around 52,000 BMW motorcycles annually. The expansion seeks to add productivity, while adding approximately fifty new jobs. BMW of North America, Inc. was established in 1975, at which point the company assumed marketing and distribution responsibilities of BMW automobiles in the U.S. from the previous private distributor. Motorcycle marketing and distribution was added in 1980. Since then, the company's North American operations have 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 more than 375 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 products is available to consumers via the World Wide Web on the BMW homepage. The address is http://www.bmwusacycles.com. Information on BMW Rider's Wear and Equipment can be found at http://www.BMWonline.com.