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BMW Reports 2012 Sales Results

BMW released its year-end 2012 financial report, reporting revenues of 1.49 billion euros (US$1.93 billion) from its motorcycle business in 2012, up from 1.44 billion euros in 2011. The increased revenues came in a record year for BMW with the company selling an all-time record of 106,358 motorcycles in 2012. Despite the increase in sales revenue, BMW reported a much smaller profit from its motorcycle business, earning 9 million euros (US$11.6 million) in 2012, compared to 45 million euros in 2011.

BMW showed the electric scooter of the future

Motorrad Concept Link is a two-wheeled gadget that understands its owner. An electric propulsion system with a traction battery located in the lower part of the “body” and a motor that transmits traction to the rear wheel via a belt drive is far from the most remarkable aspect of the concept. For example, it has a stretched wheelbase and reverse gear.

BMW Reports 14% Sales Increase in US in 2012

BMW reported sales of 12,057 motorcycles in the U.S. in 2012, representing a 14.0% increase on the 10,572 units sold in 2011. Leading the way was the S1000RR, with BMW selling 1,934 of the sportbikes this year.