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Steve Thomas BMW
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      04-30-2008, 01:24 PM   #1
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BMW directing cars away from the US


I don't know whether this will apply across the board, ie to E92 M3 etc, I expect it will. The poor U.S. economic climate is causing BMW issues, and causing BMW AG management to allocate cars to better opportunities. I got pooh pooh'd months back for suggesting that BMW (among many companies) would face problems w/ over-leveraged consumer, poor housing (HELOC 'ATM' was a catalyst for car sales) market and slowing growth.

Here's a quote from FT:
The US economic slowdown on Tuesday hit the world’s two largest luxury carmakers as Chrysler returned to haunt Daimler and the credit crunch struck at BMW.

The two German car manufacturers also suffered falling sales in the United States and BMW said it was deliberately shifting its sales away from the US towards faster-growing countries.
-- "Daimler and BMW report fall in profits", April 29 2008

Just thinking of something not so witty
///M3 E92 '09 Jerez Black | 6MT | Ext Fox Red | Tech | Prem | 19s |Heated Seats | iPod |Smartphone | Euro Deliv June 09
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      05-03-2008, 09:49 PM   #2
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It's mostly f/x rate.
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