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BMW Tops Sales in Luxury Segment for Cars in Local Market
BMW cars have been lording it over other premium luxury cars in the country for 9 consecutive years posting a robust 19 percent growth in 2011 faster than the segment growth of 7 percent.
Maricar Parco, president of the official BMW distributor Asian Carmakers Corp. (ACC), revealed the company’s performance and 2012 plans at…
BMW Philippines Retains Luxury Car Market Leadership; Launches 4 New Models in 2011
BMW, as the market leader in the luxury segment, certainly did not rest on its laurels in 2011. Asian Carmakers Corp., BMW exclusive distributor in the Philippines, launched four new models this year. These were the all-new X3, the 1 Series M, the 6 Series Convertible, and the all-new 1 Series.
The all-new 1 Series and X3 proved popular, increasing…
BMW Philippines Launches All-new 1Series
Asian Carmakers Corporation (ACC), the country’s official importer of BMW automobiles, happily revealed its latest 4-door offering, the all-new 1Series last Wednesday November 23.
The second generation entry-level hatchback offers elevated dimensions that highlight the car’s roomier interior space. Bimmer’s premium hatch has become longer at 4324 mm and wider at 2690 mm, representing a rise of…
Autohaus BMW Now M Certified delearship in the Philippines
Asian Carmakers Corp (ACC), the official distributor and importer of BMW cars in the country, has recently assigned Autohaus BMW in Libis as the official M Certified Dealership in the Philippines.
With this, ACC is finally bringing to our local shores the high-performance character of combined power and exclusivity – the BMW X5 M and the BMW X6 M.
The discerning…
BMW Philippines Winds Down Operations, Posts Loss of P187M
Published on 31 Mar, 2009 at 13:55 in Philippine Auto News | | 1 Comment
Losses of BMW AG’s local unit widened as it ended operations in the Philippines last year and turned over the local dealership to its Filipino business partner.
BMW Philippines Corp., in its 2008 financial report, said it had to sell inventory at a loss ahead of the closure of local operations.
The company’s net loss last year…
Local Group Reassumes Control over BMW Philippines
Published on 19 Sep, 2008 at 16:23 in Philippine Auto News | | No Comments
The BMW Group of Germany has decided to return control of its automobile business in the Philippines to its minority partner Asian Carmakers Corp. (ACC). The turnover will take effect Jan. 1, 2009.
In line with this BMW Philippines, owned 70 percent by the BMW Group and 30 percent by ACC, will be…
