BMW Group has reported that the year 2012 had been the most successful year for the company as there had been huge rise in the profit margins and revenues.
The Mini and Rolls-Royce marques has reported an increase of 5 percent in the pre-tax profits that is equal to 7.82bn euros and an increase of 11.7 percent on revenues that is equivalent to 76.8bn euros.
The company has reported total group sales of 1.84 million vehicles in 2012 that is 10.6 percent more as compared to the vehicles sold in 2011.
BMW chairman Norbert Reithofer said: "The past year has been the most successful year in BMW history. We have achieved or surpassed all of our targets for 2012 in the face of very challenging market conditions. We are again targeting further sales volume growth worldwide in 2013 and hence a new record level for deliveries. However, economic conditions are likely to remain challenging in many markets."
The company has sold 4,93,393 units in Asia which includes 3,27,341 Mini and BMW cars sold in China which depicts a hike of 31.4 percent. For the first time, more than 3,00,000 cars were sold in China by BMW in a single year. Japan also saw an increase of 19 percent in the sales as 56,701 vehicles were sold. The company has sold 3,01,526 cars across the world that depicts an increase of 5.8 percent. In 2012, Rolls-Royce vehicles sale rose by 1 percent as the company has sold the 3,575 units in the same year as compared to 3,538 sold in 2011.