Automobile
BMW reports record first quarter sales
Munich:German car producer BMW Group reported here on Tuesday that its sales have reached a new record in the first quarter of the year.
According to the group’s statistics, sales volume in its automotive segment for the Bavarian company rose by 5.9 percent to a total of 557,605 units in the first three months of the year.
A total of 127,167 units were sold on the Chinese mainland in the first quarter, representing an increase of 10.5 percent, Xinhua reported.
“Our first-quarter performance is further proof of our ability to generate positive earnings with our core business, despite a volatile environment,” Harald Krueger, chairman of the board of management, was quoted as saying.
“We forecast slight increases and thus new record figures for sales volume in the automotive segment and group profit before tax in 2016,” Krueger added.
In addition, BMW reported that its size of the workforce increased by 4.4 percent to 122,692 people compared with the same period last year.
Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.
The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –
– Smart panoramic sunroof
– 16-inch black alloy wheels
– Smartphone wireless charger
– Rear Disc Brakes
– Electronic Stability Control (ESC)
– Vehicle Stability Management (VSM)
– Hill start assist control (HAC)
– Paddle shifters
– Metal pedals
– Electric and auto-folding ORVMs
– Power window auto up/down
Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.
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