German top-of-the-range carmaker BMW on Tuesday said it is "cautiously optimistic" for business in 2013 after achieving the best year in the company's history last year.
"After achieving a record-breaking year in 2012, the BMW group's outlook for the current 12-month reporting period is cautiously optimistic, based on ambitious targets set amid a persisting difficult and volatile economic environment," BMW said in a statement.
"We are aiming to achieve a further rise in unit sales in the current year and hence a new sales volume record," said chief executive Norbert Reithofer.
However, earnings would likely remain stable, he said.