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FRANKFURT, Dec 7 (Reuters) - BMW's BMWG.DE group vehicle sales rose 13.2 percent to 129,460 units in November, led by a sharp rise in Mini cars, keeping it on track for a full-year sales record, the company said on Friday.
BMW brand sales rose 9.3 percent to 110,247 cars, while Mini brand sales gained 42.4 percent to 19,078 cars.
For the first 11 months of the year, BMW said group car sales were up 8.3 percent to 1.35 million cars.
“Despite the difficult market conditions, we are approaching the target for 2007 at top speed,” said Stefan Krause, BMW board member responsible for sales and marketing. “We are therefore confident that we will, at group level, reach our desired sales increase in the upper single-digit percentage range.”
The news came a day after archrival Daimler AG's DAIGn.DE Mercedes-Benz Cars premium division said November sales rose 2 percent to 113,000 units, bringing sales in the first 11 months to 1.17 million vehicles, a gain of 1.9 percent.
At the BMW brand, the top-selling model range was once again the BMW 3 Series, which accounted for over 40 percent of sales in November, BMW said in a statement.
BMW also said the Mini brand was seeing “a high level of demand worldwide” and that the Mini Clubman, available in Europe since Nov. 10, had proved popular with 2,142 sales in its first few weeks.
“With the start of the model in the spring of 2008 in the sales markets in North America and Asia, the brand is expecting a clear rise in sales figures,” BMW said. “In the first full sales year, 2008, every fifth Mini will probably be a Clubman.”
Shares in BMW rose 1.5 percent to 41.74 euros by 0950 GMT, compared with a 0.8 percent gain on the DJ Stoxx European car sector index .SXAP. (Reporting by James Regan, editing by Will Waterman)
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