BMW targets annual motorcycle sales of 200,000 by 2020

November 11, 2015 12:03 PM

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BMW targets annual motorcycle sales of 200,000 by 2020

FRANKFURTBMW (BMWG.DE), the world's largest luxury carmaker, plans to boost annual motorcycle sales to 200,000 and lift revenue in that segment by 50 percent by 2020 by focusing on markets in Asia and South America, company executives said on Wednesday.

So far this year BMW has sold 120,000 motorcycles and sold 123,000 last year, earning revenue of 1.7 billion euros in 2014. That compares with group revenue of 80.4 billion euros.

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