BMW sees definite upturn in almost all car markets
German luxury carmaker BMW sees a "definite" upturn in almost all car markets after its automobile and motorcycle sales increased 14 percent in February compared with the same month last year.
"In key sales markets such as the US, the automotive sector is showing encouraging signs of a gradual recovery," the company said on Tuesday.
Deliveries of BMW brand cars rose nearly 14 percent in February, while it sold 16 percent more Mini cars in the month, BMW said.
Separately, peer Audi said on Tuesday it delivered the bulk of earnings and cash to Volkswagen's group results in 2009 and forecast better results this year.
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