BMW: Strong 2011 Results Driven By U.S. And Chinese Markets

By Labutes IR:Bayerische Motoren Werke (BAMXY.PK) released on Thursday, May 3, its first quarter 2012 earnings achieving the best first-quarter performance in BMW's history and beating analyst expectations.

BMW (OTCMKTS:BAMXY), the largest auto luxury brand on the planet, lost global sales to fellow European automakers for the month of January and slipped to the third spot for the month—after Audi AG of Volkswagen AG (OTCMKTS:VLKAY) and Mercedes-Benz of Daimler AG (OTCMKTS:DDAIF).

Daimler AG (OTCMKTS:DDAIF) is aiming for at least 10% growth in sales in the Chinese region during this year. Hubertus Troska made this statement in an interview in Beijing on Tuesday. In 2014, Mercedes-Benz sales grew an impressive 30% in China. This was due to an increase in its operational scale and expansion in Asia Pacific region. The senior executive is expecting Mercedes-Benz to sell 300,000 vehicles in China this year, if things go according to plan.

German luxury automaker BMW (OTCMKTS:BAMXY) today reported sales just under 18,000 units globally in the first year of sales of its recently launched i Series plug-in models; a number far beyond its own expectations of about 10,000 units.

Achieving record sales since 2001, BAYERISCHE MOTOREN W (OTCMKTS:BAMXY) is well determined to continue its annual sales growth. The automaker group will soon be releasing 15 new models of vehicles, including X6 sport utility vehicle (SUV) and 2-series convertible, according to Bloomberg.

The Boston Consulting Group Inc.’s latest research on the Chinese car market reveals that the industry is in a phase of evolution, as Chinese car owners grow increasingly disloyal to both local and foreign auto brands. The extent of brand switching in the Chinese car market has surpassed the average customer’s brand switching in the developed markets. As per the study, around three-quarters of the vehicle owners in China – totaling up to 90 million cars – are planning to switch brands in their next car purchase.

By Labutes IR:Daimler AG (DDAIF.PK) is a German luxury car and truck manufacturer, including the well-known Mercedes-Benz brand and the Freightliner trucks brand. The company's founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886.

ByThe Outsider:The automotive sector is cyclical and usually car makers don't have a high shareholder remuneration because during economic downturns car makers' earnings can swing widely, turning rapidly from profits to losses.