German luxury carmaker BMW today reported 26.56 per cent jump in sales in March at 605 units, the highest ever sales that the company recorded in a month in India.
BMW had sold 478 units in the same month last year, incidentally this was also the previous highest monthly sales record of BMW in India.
"Our March sales were the highest we had achieved in India so far and is also the highest ever monthly sales for a luxury car maker in India," BMW India President Peter Kronschnabl told PTI.
During the month, the company sold 298 units of the 3 Series sedan, 183 units of 5 series sedan, 54 units of 7 Series sedan, 11 units of Gran Turismo and the Z4 Roadster sold 13 units.
In the SUV segment, the X3 sold just 3 units, while X5 clocked 20 units and 23 units of X6.
For the three month period between January and March, BMW's cumulative sales stood at 1314 units.
Kronschnabl said with the company's production at the Chennai plant running at full capacity, it will announce a decision on further expanding it by the middle of this year.
"With the assembly of X1 scheduled to begin later this year at the Chennai plant, we definitely need to ramp up our capacity," he said.
The company has set a target of selling over 4,000 units this calendar year, as against 3,619 units last year.
"While we know that the kind of sales we achieved in March will be difficult to maintain but we are looking at double digits growth this year," he said.