Work Truck Logo
MenuMENU
SearchSEARCH

BMW Chairman Upbeat on U.S Sales Outlook

by Staff
April 10, 2001
2 min to read


German luxury car maker BMW expects increased sales in the United States this year despite industry predictions for a decline in the market, the company's chairman said on April 9. Joachim Milberg, in Dublin to address the Institution of Engineers in Ireland, said U.S. sales in the first three months of the year had beaten market expectations for a slower growth rate than last year, with sales up 4.7 percent in March alone. He also said BMW planned to double its production of its X5 sports utility vehicle to around 80,000 units and most of these would go to the U.S. "We are positive for the U.S. market," he told reporters. Some industry experts expect the American market to ease by as much as 10 percent this year. On April 9, BMW reported that global sales rose 9.7 percent in the first quarter, with sales in the key German market up 5.8 percent. Milberg said the company's compact X1 series - to be launched in 2004 - would be produced at BMW's Regensburg facility in southern Germany where the X3 series is currently made. However this would result in the need for additional capacity to produce the X3. The company was considering a dozen locations in Europe and would make a decision within two to three months, Milberg said. Having put its costly experience with Britain's Rover behind it, Milberg said BMW had no plans for further brand acquisitions. BMW's exit from Rover last year cost it around $3.6 billion. The BMW chairman said the company was aiming to cut its production time to 10 days from 12 over the next few years. "We should be able to build a luxury car in a short time. It will take a lot of flexibility but it will be an advantage in this very competitive market," Milberg said.

More Small Fleet

Cover of the "Top 50 Green Fleets" report presented by Automotive Fleet and Inspiration Fleet, featuring an aerial nighttime photo of a lit highway interchange with looping ramps.
SponsoredJuly 16, 2026

The Top 50 Green Fleets

The List Is in: The Top 50 Green Fleets

Read More →
 Drivers in a safety meeting at Wheelz Up
Small Fleetby Amy HercherJuly 14, 2026

Developing Budget-Friendly Driver Safety Programs

From driver training and safety meetings to one-on-one coaching and incentive programs, several small fleets share how they have developed a safety culture with their drivers using low- to no-cost resources.

Read More →
SponsoredMarch 9, 2026

Boosting Last-Mile Fleet Uptime, Safety, and Value with AI Vehicle Inspections

AI-powered inspections are transforming last-mile fleets by replacing manual checks with highly accurate automated scans that detect defects in seconds. By giving fleet operations visibility into the daily condition of their vehicles, you can identify trends over the vehicle’s lifecycle that enable improved procurement decisions, route management, driver training and accountability.

Read More →
Ad Loading...
SafetyFebruary 4, 2026

Five Ways Seat Belts Help Prevent Injuries

There are five ways seat belts protect occupants from injuries, according to the Tennessee Department of Safety and Homeland Security.

Read More →
SponsoredJanuary 14, 2026

It’s here: The 2026 Fleet Technology Trends Report

What does AI mean for fleets? Get the answer — and learn other top tech trends.

Read More →
Wreaths Across America graphic highlighting the role of small fleets in delivering wreaths to honor veterans, featuring wreath icons and the American flag.
Small Fleetby Lauren FletcherDecember 8, 2025

Small Fleets, Big Impact: How Independent Drivers Power Wreaths Across America

Check out how small fleets and independent drivers power Wreaths Across America each December and why their impact matters more than ever.

Read More →
Ad Loading...
A stressed person covers their face, illustrating that 65% of small fleet managers handle all operations alone, according to a Vehicle Management Systems (VMS) survey.
Small Fleetby StaffNovember 12, 2025

VMS Survey Finds 65% of Small Fleet Managers Run Operations Alone

A new VMS survey shows small fleet managers are stretched thin, with most handling operations solo and eager to adopt digital tools for relief.

Read More →
Safe Driving on Halloween over spooky fall road
Safetyby StaffOctober 20, 2025

Tips for Driving Safely on Halloween Night

This video features a reminder from the Connecticut Department of Transportation (DOT) and the Connecticut Police Chiefs Association, urging drivers to prioritize safety this Halloween.

Read More →
VMS Co-CEO David Prusinski highlights the company’s AI-powered virtual fleet manager designed to improve uptime and reduce operating costs for fleets.
Green Fleetby Lauren FletcherOctober 6, 2025

AI, Access, and Uptime: VMS’s Next Chapter with David Prusinski

VMS’s new Co-CEO, David Prusinski, shares how an AI-first approach will give small fleets and repair shops the tools to compete like big players.

Read More →
Ad Loading...
Photo of tire tracks and winter scenes.
Small FleetMay 24, 2025

Fleet Managers Share Winter Prep Tips: It's Never Too Early!

Three fleets share best practices to prep vehicles for winter and prevent downtime when the cold sets in.

Read More →