The world's largest luxury car maker also sees a recovery in the U.S. market, where it is prepared to invest more money, as well as significant sales growth in other emerging markets, Friedrich Eichiner told reporters at a briefing.
"We expect record sales of more than 1.5 million units in the group. All three brands, Mini, BMW and Rolls Royce will achieve record sales, record values in this year," said Eichiner, who is currently on a visit to South Africa.
"In China, dougle-digit growth is expected. In countries like Brazil, in Korea and in Russia, in those markets there should be significant growth."
Global luxury car makers, have racked up strong sales in China, where growing wealth is fueling demand for high-end brands.
BMW, which operates a tie-up with a unit of Brilliance China Automotive Holdings Ltd , is building a plant in China that will raise production to 300,000 vehicles by 2016, Eichiner said.
That plant is due to start production this year, he said.
Eichiner also said the company sees a recovery in the United States, where it is prepared to invest more money. (Reuters)
