BMW H1 China Sales Surge 30.7%

BMW Group BAMXY reported a 30.7% y/y rise in its vehicle sales in China in the first half of the year. BMW sold 158,956 vehicles in China in the same period. Sales of BMW brand vehicles surged 30.4% y/y to 147,600 units during the period. While sales of BMW's Mini brand jumped 34.5% y/y to 11,356 vehicles during the period. BMW shares closed at $23.11 on Friday.