UPDATE 1-BMW expects to sell 100,000 new 1-series in 2005

Newswire

(Adds executive comments, background, detail) By Christiaan Hetzner MUNICH, June 24 (Reuters) - German luxury carmaker BMW AG expects the launch of its new 1-series compact to add sales of at least 100,000 vehicles in 2005, the company said on Wednesday, setting a record group sales target. During the premiere presentation of its new hatchback, BMW's head of sales and marketing, Michael Ganal, reaffirmed the goal of record group deliveries in 2004. When asked whether the growth would ...

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