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« Subaru Canada enjoys record sales in February | Main | GM Canada sales tumble 57%, drops behind Ford and Chrysler »
Tuesday
Mar032009

BMW Group Canada new car sales down, pre-owned sales up 

BMW Group Canada sales dipped in February but sales of BMW Certified Pre-Owned vehicles soared. A sign of the tough economic times, perhaps?

New car sales at BMW Group Canada (BMW and MINI) fell 4% compared to February 2008. If you forget about MINI, BMW sales actually rose 4% last month. MINI sales plunged 39% for the month, dragging down the overall performance of BMW Group Canada.

BMW Certified Pre-Owned vehicle sales jumped 25% compared to the same period last year, not bad considering these vehicles contribute significantly to dealer profitability...they just don't keep the factories busy.

[Source: BMW Group Canada via CNW Group]

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