BMW sold more than 100,000 cars

car maker BMW has sold more than 100,000 cars more than ithas ever sold in that month, paving the way for the company to reach its 2011 sales target of more than 1.6million, the group's financial "We managed to increase our sale by almost 7percent to clearly more than 100,000 vehicles. That is a new record for an August month," was quoted as saying by Frankfurter Allgemeine Sonntagszeitung no reason to lower its 2011 sales outlook of more than 1.6 million cars. "After the first half-year we are well on track to reach our target,he still expected an operating margin of more than 10 percent for 2011. For 2012 the group targets an operatingprofit margin of between 8 and 10 percent its automobile segmentcome after the German automotive association raised its 2011 outlook for the car market biggest economyit now sees more than 3.1 million new car registration, up from 2.92 million last year. BMWsales  the United States were up 14.6 percent  the first eight months of the year.