01-28-2020, 12:37 PM
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#1
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Administrator
Drives: F80 M3
Join Date: Mar 2005
Location: USA
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BMW Will Shift to Quarterly Sales Reporting (From Monthly Reports)
Via Autonews
BMW Group is moving to quarterly sales reporting in the U.S. and globally, joining an expanding roster of automakers seeking to avoid the vagaries of monthly results.
The company said it is making the shift, which affects the BMW and Mini brands, immediately to quarterly sales reporting in the U.S. and globally. It will report first-quarter U.S. sales in April.
"BMW Group remains focused on profitable growth," a BMW of North America spokesman said in an email Tuesday. "To further emphasize our focus on profitability, BMW Group has made the decision to report all sales and financial figures in alignment across all brands and regions on a quarterly basis, beginning in this financial year."
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