BMW M sales up more than 50% as of Nov. 2008

While the rest of the automotive industry is in the dumps, BMW’S M GmbH continues to hold stable growth reporting sales of 22,340 vehicles worldwide as of November 2008. That’s an increase of over 50 percent when compared to last year’s result of 14,092.

BMW says that a major contribution for the success was the new BMW M3, which is now offered in three different body variations. The new 2008 BMW M3 almost sold twice as well as its predecessor within the same period.

“The fact that our dealers were able to supply significantly more vehicles than the average of the last nine months even in such dramatic times for the world economy demonstrates the fascination and attraction which BMW M automobiles exercise on our customers,” Ludwig Willisch, President of BMW M GmbH, said in a statement.