BMW eyes U.S. sales of 400,000 cars/year: report
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German premium car maker BMW  aims to increase its sales in the United States to 400,000 units per year in the medium term from 336,000, the German Auto Motor und Sport magazine reported.
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BMW chief Norbert Reithofer is due to look into alliances with parts makers and have more car production in the US.
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German carmaker BMW  said  group vehicle sales fell 22 percent to 16,935 in the United  States in January but said it expected retail sales there to  rise slightly in 2008 compared to last year.
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BMW said Thursday that it achieved record sales and earnings last year as cost-cutting measures and booming demand for its cars helped offset negative effects from the weak dollar and high oil prices.
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CHICAGO _ Toyota will sell more vehicles in the United States than DaimlerChrysler by 2009 to join General Motors and Ford in a new-look Big Three, a leading industry forecaster predicts.
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BMW  kept its title as the world's largest premium carmaker in 2007 as sporty models like the 3 Series cabrio and X5 offroader and the stylish new Mini Clubman lifted group sales by 9.2 percent last year.
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German-US car giant DaimlerChrysler said that it was able to lift overall vehicle sales last year, thanks to the strong performance of its Chrysler and Smart cars, while sales of its prestigious Mercedes brand declined.
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Housing woes and high gas prices likely  combined to send U.S. auto sales to a weak finish in December,  capping the industry's worst sales year in a decade and  increasing pressure on U.S. automakers to cut production  further, analysts said on Wednesday.
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German carmaker DaimlerChrysler AG on Wednesday said its total US vehicle sales grew 1.6 percent in October, with a slight rise in sales of Chrysler Group vehicles offset by waning demand at the Mercedes-Benz group.
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Germany's BMW , the world's  biggest premium carmaker, said in Sunday it saw no sign of a  slowdown in the United States and aimed to sell at least as  many cars in 2008 here as in 2007.
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Honda expects its global sales will rise 6 percent this year to a record 3.76 million vehicles on booming demand in the U.S., Europe and Asia, the automaker's president said Wednesday.
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BMW , the world&#39;s largest  premium car maker, said on Tuesday it sold 38 percent more cars  in mainland China in the first half of 2007, as the country&#39;s  growing ranks of nouveau riche snapped up the latest models.
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The second-largest U.S. automaker said it sold 218,332 vehicles in August, down from 255,112 vehicles a year earlier.
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German premium carmaker BMW reported a smaller-than-expected 7.6 percent rise in third-quarter pretax profit Wednesday, but reaffirmed its forecast for record revenue, earnings and car sales in 2004.
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U.S. automakers were expected to report on Thursday that sales finished 2007 weakly, hurt by the housing slump and high gasoline prices, and the resulting worst sales year in a decade for the industry was seen as likely to increase pressure for further production cuts.
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Forecasts for the U.S. auto market are  downsizing as consumers reel but Japanese carmakers are  confident of another year of record sales in their most  important market in 2008, buoyed by strong fuel efficiency
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G.M. said it sold 9,369,524 vehicles, a 3 percent increase. Toyota last week reported its sales as a rounded 9.37 million, 6 percent more than in 2006.