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BMW has a very good reason to smile thanks to last month's record breaking sales

German automaker BMW says it had its best March sales ever.

German automaker BMW says it had its best March sales ever.

The Munich-based maker of the 3-Series sedan and X5 sport-utility said Tuesday it sold 195,593 vehicles worldwide under the BMW brand.

That was an increase of 5.1 percent over the same month a year ago.

The company said sales rose for its X-family of SUVs and SUV-like crossovers. The X5, made at the company's manufacturing facility in Spartanburg, South Carolina, saw sales numbers rise 12 percent. The company also saw strong demand for its 2-Series family van.

After the March figures, BMW AG held its sales lead during the first quarter over its rival German luxury carmakers, Volkswagen AG's Audi brand and Mercedes-Benz from Daimler AG. BMW sold 451,576 vehicles to 438,250 for Audi and 429,602 for Mercedes-Benz.

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