BMW reports positive Q1 2004 sales

BMW reports positive Q1 2004 sales

JAKARTA: PT BMW Indonesia reported increased sales in the first
quarter, claiming a 44 percent market share in the Indonesian
luxury car market.

The German car maker booked total sales of 462 vehicles, with
185 units sold in March compared with 148 units in February. The
dynamic, sporty BMW 3-Series contributed to 43 percent of total
sales.

Other models available include the BMW 7-Series, 5-Series, Z4
roadster and BMW X5 sports activity vehicle (SAV). The BMW 5-
Series contributed 42 percent while the high-end BMW 7-Series had
a share of 7 percent.

"With sales results for the first quarter of 2004 such as
these, we are confident that we shall continue in our trend of
increasing sales in 2004 to maintain our leading position in the
premium segment in Indonesia," PT BMW Indonesia president Josef
Honsel said in a media statement. -- JP