BERLIN (AP) -- Automaker BMW AG said Friday that its global sales last month slid 25 percent as the global financial crisis caused consumers to hold back from buying new cars.
The Munich-based company said it sold 96,570 BMWs, Minis, motorcycles and Rolls-Royce cars compared with 129,459 in November 2007.
That pushed BMW's shares 3.6 percent lower to euro19.91 ($25.13) in Frankfurt trading.
By brand, BMW sales were down 26 percent, the Mini lineup was down 20.8 percent and the numbers of the ultra-luxurious Rolls-Royce cars were down 18.5 percent, with 110 sold.
Motorcycle sales during November were down 3.5 percent from last year, with 5,773 sold.
From January-November, the company sold a total of 1.32 million cars, a decline of 1.8 percent from last year when it sold 1.34 million vehicles.
