MUNICH - The world's largest luxury carmaker, said its sales in Asia rose 17% in 2005, a record propelled by increased demand for its new 7-Series sedans and other models.
BMW sold 111,571 BMW, Mini and Rolls-Royce cars in the region in 2005, up year-on-year from 95,482. Sales in Japan, its biggest Asian market, increased 14% to 58,767 units. Combined sales in China, Hong Kong and Taiwan rose 37% to 31,600 units last year.
Chairman Helmut Panke aims to sell 150,000 cars in Asia by 2008 - around 11% of the carmaker's estimated 1.4 million worldwide sales target that year.