BMW Sees a “Definite” Upturn in Most Markets – sales up 14% in February

2010 BMW 328i Convertible

German luxury car maker BMW AG sees a "definite" uptuirn in almost all car markets after it's automobile and motorcycle sales increased 14 percent in February, and it sold 16 percent more Mini Cooper's compared to the same month last year.

"In key sales markets such as the United States, the automobile sector is showing encouraging signs of gradual recovery" the company said on Tuesday.

BMW's rival Audi said on Tuesday it delivered the bulk of earnings to parent company Volkswagen AG's group results in 2009.  Audi also predicts better earnings in 2010.

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