MINI USA reported February sales of 2,690, a decrease of 14 percent compared to the 3,140 sold in February 2005. MINI USA also reported sales of 5,634 for the first two months of 2006, a decrease of 7 percent over the 6,057 sold in the same period a year ago. Production at MINI’s Oxford, England plant was halted for an extended period in December and January for expansion-related upgrades, resulting in lower inventories, which contributed to the lower MINI sales figures in the U.S.


MF Analysis:

No surprises here. With MINI’s Oxford plant closed for a portion of December and January, February sales were bound to be off a bit. Expect more of the same on and off all 2006.