Sharjah24 - Reuters: According to the chief financial officer of the German automaker, BMW achieved its 2022 aim of significantly higher pretax profitability than in the prior year.

"We had no reason to correct the forecasts ... Otherwise we wouldn't be sitting here so relaxed," CFO Nicolas Peter was quoted as saying by Focus Money magazine.

The carmaker, which is due to publish its full-year results in mid-March, was not immediately available to confirm the report.

Peter said demand was very robust in America and that Europe's order backlog was still high but new orders were weakening in the United Kingdom and Germany. "France and Spain are doing better," he told Focus Money.