+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

This €234,437 supercar just boosted BMW sales

May 6, 2015, 13:17 IST

German automaker BMW just revealed that the ultra expensive supercar Rolls-Royce Ghost helped boost overall sales by 14.7% to €20.9 billion (£15.4 billion).

Advertisement

In the carmaker's earnings report for the first three months of the year, it said that its ultra-luxury segment, Rolls-Royce Motor Cars achieved the second-best first-quarter sales volume performance in its history, after it sold 310 Rolls-Royce Ghost cars during the period. This is a 1.6% increase from the previous period.

The number of cars sold doesn't seem like much but each Rolls-Royce Ghost costs around €234,437 ($263,200), excluding any customisation requirements.

The German automaker added that the BMW X5 model, which costs around €47,886 ($53,900) recorded a 29.7% surge in sales volume, which helped boost overall revenue.

Other highlights from the report include:

Advertisement

  • New highs for sales volume, revenues and earnings in first quarter.
  • Group revenues up by 14.7% to €20.9 billion.
  • Profit before financial result 20.6% higher at €2.5 billion.
  • Profit before tax improved to approximately € 2.3 billion
  • Earnings outlook for current year confirmed.

NOW WATCH: 5 clever iPhone tricks only power users know about

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article