Quote:
Originally Posted by Epacy
I like how the market went Tango Uniform after the announcement.
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I don't expect that to be the end of heightened volatility. It's relevant to the discussion as in 1H 2008 add in more negative housing wealth effects, a slower economy, more lay-offs in financial services and some stock downside for 'good' measure then this is a tougher pricing environment for high-end cars like the M3.
You can bet BMW AG would take '99 to launch a model like this over '08 (throwing in the USD as well...)