BMW 2002 Annual Report Download - page 15

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001 BMW Group in figures
004 Report of the Supervisory Board
008 Supervisory Board
011 Board of Management
012 Group Management Report
031 BMW Stock
034 Corporate Governance
042 Group Financial Statements
106 BMW AG Financial Statements
112 BMW Group Annual Comparison
114 BMW Group Locations
116 Glossary
120 Index
14
120,880 cars. Italy (+28.4%), Spain (+22.8%) and
France (+16.3%) also contributed to the very strong
sales performance of the BMW Group.
The
BMW
Group was largely unaffected by
the mainly negative trends on the East European
markets and achieved satisfying growth rates in
that region.
The
BMW
Group experienced its most suc-
cessful year ever in the North American market.
Of the 256,622 cars sold in the USA, the BMW and
MINI brands accounted for 232,032 and 24,590
cars respectively. The volume of cars sold in the
USA
by the
BMW
Group in 2002 increased by
20.4%. In Canada, the
BMW
Group sold 16,622
cars, a sales growth of 30.9% compared to the
previous year.
The
BMW
Group remains on growth course in
Asia and the Pacific region. In Japan, the
BMW
Group
achieved a strong sales volume increase of 26.3%,
attributable above all to the good performance of the
MINI brand. Sales of the BMW Group in the rapidly
growing Chinese markets rose by 41.4% to 15,473
cars. A further Asian market with above-average
growth rates in 2002 was South Korea, where the
BMW Group sold 5,101 cars achieving a growth rate
of 87.7%.
BMW brand well above previous years
sales record
Atotal of 913,225
BMW
cars were delivered to
customers in 2002, 3.7% more than in the previous
year.
Sales of the BMW 3 Series, with five versions in
all, rose to 561,249 units, a 5.1% increase com-
pared
to the previous year. Never before have more
BMW
3 Series been sold in a single year. In 2002, the
BMW 3 Series Limousine accounted for the largest
share with sales of 287,813 units (3.7%). Sales of
the BMW 3 Series Coupé, at 71,856 units ( 6.0%),
were slightly below the previous years high level.
The BMW 3 Series Touring version saw sales grow
by 4.9% to 81,457 vehicles. The fastest growth rate
was achieved by the
BMW
3 Series Compact ver-
sion, sales of which more than doubled to 66,073
units. Sales of the
BMW
3 Series Cabrio rose in
BMW Group Deliveries of automobiles*by region and market
in 1,000 units
400
350
300
250
200
150
100
50
Germany
Other markets
98 99 0201
37.8
25.0
139.3 164.0
25.1
258.2
225.4
82.3
35.5
225.8
*adjusted for Rover/Land Rover
237.5
00
28.5
200.4
BMW Group  key automobile markets 2002
as a percentage of sales volume
Germany
USA
United Kingdom
Italy
Japan
France
Other
11. 4
6.0
4.3
4.1
24.4 24.3
25.5
Rest of Europe
260.7
North America
273.2
245.8
208.5
240.6
185.6
240.0
166.6
64.8
66.1
66.2
70.5 68.3
75.9 90.9 Asia/Oceania
106.5
United Kingdom
120.9