People seek space, comfort in new generation SUVs

As the trend goes, Sport Utility Vehicles (SUVs) are increasingly popular, with higher sales volumes than their swifter-looking counterparts. Bayerische Motoren Werke AG, more popularly known as BMW, reported a surprising finding in its first-quarter profits, the demand for its SUVs played a significant part in boosting its sales by up to 2.6 percent, according to chief financial officer Friedrich Eichiner. Demand jumped by 15 percent for the X1, 11 percent for the X3 and 14 percent for the … [Read more...]