Automobile Bavaria closes 2017 with 15 pc hike in volume of sales. Michael Schmidt: This year our main goal is to consolidate our position as leader of the BMW network in Romania

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Automobile Bavaria Group, the biggest network of BMW dealerships in Central and Eastern Europe, is consolidating its top position among BMW dealerships, registering an overall growth of more than 15 percent in the sale of new and used units in 2017 in Romania, over 80 percent of the total volume of electric and plug-in hybrid BMW auto vehicles sold on the local market respectively.

In 2017, Automobile Bavaria registered a turnover of over EUR 136 million and a year-on-year growth of more than 15 percent in the volume of auto sales, representing approximately 3,000 units sold.

At group level, post-sale services registered a growth of more than 12 percent, being the result of investments made in 2016 and throughout 2017, investments that sought to boost the quality of services and to implement the newest standards of quality.

Automobile Bavaria Group has consolidated its position as market leader within the network of authorised BMW dealerships in Romania, with a market share of over 65 percent, being the only local MINI dealership for BMW sales.

At holding level, all member companies of the Automobile Bavaria Group, MHS Truck & Bus and Schmid Gruppe Deutschland, had a positive evolution in 2017, the turnover surpassing EUR 350 million.

In its 24 years of activity in Romania, Automobile Bavaria Group sold over 40,000 vehicles, and registered over 1,000,000 visits in the authorised BMW, MINI and Rolls-Royce automobile repair shops.

In 2017, the biggest BMW dealership in Central and Eastern Europe registered a turnover of EUR 136 million, maintaining its top position within the network of BMW dealerships, with a market share of 65 percent.

The sales of new BMW auto vehicles reached a volume of more than 1,500 units in 2017, and the sales of MINI reached a volume of slightly less than 300 units.

The sale of used auto vehicles also registered a positive evolution at the level of Automobile Bavaria Group, surpassing the threshold of 1,000 units and registering a hike of almost 33 percent in the volume of sales, surpassing the average growth registered by the premium segment in Romania, estimated at 20-23 percent according to public data.

The Group’s more than 12 authorised BMW and MINI auto repair shops serviced 56,710 automobiles in 2017, up by 8.8 percent year-on-year, representing approximately 30 percent of the total BMW auto fleet with an average age of 10 years. The turnover reported at the end of 2017 grew by more than EUR 3 million, and customer satisfaction surpassed 90 percent.

“The year 2018 brings a series of important changes and investments at the level of the network of BMW dealerships, simultaneously with the launch of several completely new market models for the BMW and MINI brands. At the end of 2017, I took the decision to unify all BMW dealerships under a single name – Automobile Bavaria – so as to be able to boost the Group’s notoriety and visibility at national level and to better respond to our clients’ mobility and accessibility demands. At the end of 2017, we were the first to launch the new BMW X3 during a special event attended by almost 500 guests, in order to faster satisfy our clients’ expectations and need for information on one of the most successful models sold by BMW in Romania. Since its first launch, in 2003, Automobile Bavaria has sold over 4,000 units on the local market alone.

“For the premium car rental services offered by Bavaria Mobility, the Group’s new car rental business, we have invested EUR 3 million in an 80-car fleet consisting exclusively of BMW and MINI models. Our objective for 2018 is to grow the fleet to 140 units and to implement value-added services for clients.

“This year our main objective is to consolidate our leadership position within the BMW network in Romania, by continuing to invest in modernisation and the implementation of the newest BMW standards at the level of the network of auto service shops, as well as the launch of the BMW X2, BMW M5, BMW Series 8, BMW X4, BMW X5 and BMW X7 on the Romanian market.

“From the Group’s perspective, we plan to continue the strategy of diversifying the portfolio of brands we represent. At the end of March, we plan the official opening of the Opel dealership in Targu Mures, and in parallel we are engaged in advanced talks on bringing other brands in our Group,” Automobile Bavaria Group President Michael Schmidt explained.