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BMW reports a 7-series performance

BMW may have sold 91,619 3-series cars worldwide compared to 14,245 7-series cars during the first quarter of 2010 but it was the 54.1% rise in sales of 7-series cars compared to the 2.4% rise in 3-series cars that made the difference this quarter. Could be good news for other luxury car makers and the luxury divisions of large automakers.

Disclosure: long all stocks