BMW is doing better than expected in China while growth in the United States remains sluggish, the board member in charge of sales and marketing said.
Ian Robertson told Reuters at the Paris show: "We thought Asia would go in low-to-single digits. It has actually gone a bit stronger than that. It went through a difficult patch for two years and is now on a more confident path."
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"We thought the United States market had peaked in January. We took the decision to de-stock some of the over-supply. Many manufacturers have not done that. I don't see the US growing particularly into next year."
Asked whether BMW group was likely to retain its lead in sales of premium vehicles in 2016, Robertson said: "We are 100,000 vehicles ahead at group level, does that answer your question?"
Reuters noted Daimler's Mercedes-Benz was after BMW with a range of electric cars, Robertson said BMW was prepared for increased competition in that premium sector.
"While a lot of people are unveiling the future we are delivering today. We will continue to develop this segment. You can be assured there is a pipeline of products that we are also working on."
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By GlobalDataAsked about the impact of Britain's vote to leave the European Union, Robertson said demand had not been affected, Reuters reported.
