BMW Profits From Rolls-Royce Sale

BMW sold two third of its Rolls-Royce share stock priced $356 million and hence diminished its shares package from 9.03% to 3.25%. BMW official explained that this company move didn’t mark any change of market strategy or collaboration with Rolls-Royce.

The deal with British company shares sale is aimed to gaining benefit of 300 million euros in first 2006 quarter.

The BMW general income in 2005 increased for 5.2% up to 46.66 billion euros. While BMW automobile subdivision 2005 market volume ratio was 45.86 billion euros with 7.8% growth to 2004 compared; financial services market in 2005 was 9.41 billion euros with 14.4% increase.

Important to point out that cars market of BMW AG concern increased 9.9% amounting to 1.328 million automobiles. The highest rates here belong to BMW brand which ranked 10.1% growth, while Mini Cooper had 8.7% cars sales increase.

In addition 796 Rolls-Royces were sold. And by market rate the leadership keeps US market where in 2005 BMW AG Concern sold 307 000 cars with 3.7% growth increase to 2004.