BMW July Global Car Sales Up 5%

BMW AG

reported a 5% y/y rise in its July global car sales. BMW group's global sales climbed to 135,537 cars in July. Its group sales in China surged 22.5% y/y to 23,092 cars. However, group US sales jumped 4.0%. BMW brand's global sales climbed 4.2% y/y to 113,253 cars in July. BMW shares closed at $24.39 yesterday.