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      10-22-2012, 11:44 PM   #3

Drives: 2013 F30 328i
Join Date: Oct 2012
Location: New York

iTrader: (0)

That's quite a departure from BMW's stance of these past few months, they were about to throw in the towel on doing any investments in Brazil due to the ultra-protectionist policies in place on foreign investment and trade. I guess Dilma finally saw the light (not).

Brazil is such a sweet market for auto-makers, sell bare-bone cars for 3x the price and laugh all the way to the bank at the suckers who pay US $120k for a base-model 3 series. Don't forget the corrupt gov share and of course a big fat dealer's cut and you have the perfect recipe for a new plant so you can make even more profit!

Quite amazing that they can still find 15,000 rich suckers to buy their cars and pay an extra US $20k to bulletproof them.