Chicago, IL 3/11/12 (StreetBeat) -- Luxury automaker BMW AG (Pinksheets: BAMXY) says its worldwide sales rose to a new record for the first quarter, fueled by rising deliveries in China and the United States.The company said Wednesday that January-March deliveries by the BMW Group — which also includes the Mini and Rolls-Royce brands — were 11.2 percent higher than a year earlier at 425,528 vehicles.
It says first-quarter sales in the U.S. were up 16.6 percent at 75,829 cars and deliveries in China rose 36.8 percent to 80,014.
BMW says it also saw its best-ever monthly sales in March — selling a total of 185,728 cars, a year-on-year increase of 12 percent.
BMW is due to release first-quarter earnings figures on May 3.
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