BMW Sets Record Sales in This Fiscal
|   Friday, March 21, 2014
The World's largest luxury car maker BMW have recorded 4.2 percent rise in profits this year. A major part of this is due to the increasing demand of the wagon and 3 Series sedan. Further increase in sales is estimated soon, while massive improvements have been recorded in the past five months.

Massive investments are planned in infrastructure and technology development, which should have a positive impact on next generation vehicles too. Some of the other European car making giants to record huge profits this year is Volkswagen AG, Mercedes Benz and Audi.
BMW's financial records however look good this time round.

The company has paid total tax amounts summing to 1.95 Billion Euros. They plan on increasing profit margins too, within the next few years. As much as 3.3 percent share gains have been recorded this year, while BMW has delivered a record 500,000 units of their 3 Series sedans.
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