BMW AG reported sales results for the year 2016. The company had a record sales year in 2016, delivering 5.3% more vehicles as its line of SUVs boosted results despite declining sales in the U.S. Sales rose to 2.37 million for the company, which besides BMWs, makes Mini and Rolls-Royce cars. Important markets were China, where sales rose 11%, and Europe. The company credited strong demand for sport-utility vehicles. It said one in three vehicles sold belonged to its X family of SUVs. U.S. sales fell 10% due to an exceptionally competitive market environment.