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BMW prices will continue to rise through 2009(Now with BMW's NEW sales plan)
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If you're in the market for a Bimmer, now is the time to buy. BMW is raising prices this year and next to help ease the burden of unfavorable exchange rates between European currencies and the weak U.S. dollar. CEO Norbert Reithofer told reporters that the company would also produce 20,000 to 25,000 fewer vehicles overall in 2009 and sell 40,000 fewer units in the U.S. Disastrous exchange rates aren't team Bimmer's only problem, either. The German automaker leases 60% of its vehicles in the U.S. during a time when sinking residuals are losing automakers billions.
A quick look at July sales figures shows that even the best-run automakers are hurting. Increasing prices twice within a year when people are cutting back likely isn't going to help matters much, but at least just about everybody else is doing it too.
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BMW prices will continue to rise through 2009 - Autoblog
P.S. BMW will be replacing their Bridgestone RFT's with Michelin RFTs. They say it will have less road noise and be a lot more comfortable.
__________________
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Originally Posted by DJPoop
Jesus Christ, the f*%^&*$! nerd-o-meter just broke off it's hinges.
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Originally Posted by flightz71
I have been acknowledged by the HOT ICE woooo!
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Originally Posted by jayhendry
this has been a my.is liveblog courtesy of HotIce's Frantic Title Change, LLC
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Last edited by -=Hot|Ice=- : 10-09-2008 at 05:04 PM.
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