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      12-11-2008, 06:07 PM   #1
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One piece of good news amidst all the carmaggedon going on: BMW M sales are up!

BMW's Press release below

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BMW M GMBH ON STABLE GROWTH COURSE: Worldwide sales as of November 2008 more than 50 percent over last year’s comparative period.
12/11/2008

Munich. In the second half of the business year 2008, BMW M GmbH continues to hold a stable growth course. The significant increase in sales as compared to last year have resulted in 22,340 vehicles being sold worldwide as of November 2008. This means that BMW M GmbH has exceeded the previous year's equivalent figures (14,092 units) by over 50 per cent. A major contribution to this was the success of the new BMW M3, which has shown continuously increasing sales figures since its market launch and which is now offered in three body variations. With its attractive product range and worldwide presence, BMW M GmbH has succeeded in increasing its sales figures and market share despite the current difficulties in the market environment.

As long ago as August 2008 the worldwide sales figures of BMW M GmbH reached a figure of over 16,150 units, thus surpassing the total figure of last year (16,128 units) early on. In the months that followed, this positive development actually continued. In November 2008 alone some 1,900 BMW M automobiles were delivered. "The fact that our dealers were able to supply significantly more vehicles than the average of the last nine months even in such dramatic times for the world economy demonstrates the fascination and attraction which BMW M automobiles exercise on our customers," explains Ludwig Willisch, President of BMW M GmbH. The unique driving experience offered by a BMW M model is still a persuasive factor for customers who wish to express a passion for top performance in the choice of their vehicle. As usual, the final figures for total sales in 2008 will not be available until the annual report has been completed. Nonetheless, the currently available figures suggest that 2008 will be one of the most successful years for BMW M GmbH in its 30-year history of vehicle production.

Worldwide it was especially the new BMW M3 which caused a sensation during the course of 2008. The high-performance sports car sold almost twice as well in its first year of production than its predecessor model within the same period. The penetration of additional target groups and the associated increase in sales figures was in part due to the extended model variety. In addition to the BMW M3 Coupé, the BMW M3 Convertible and the BMW M3 Sedan have been on offer since spring 2008.

All in all, BMW M GmbH offers seven current models. The portfolio ranges from the three body types of the BMW M3 and the BMW M5 Sedan through to the models of the BMW M6 Coupé and BMW M6 Convertible.
At first I told myself this is some nice SPIN, then again BMW never seems reluctant to annouce when sales are down too. I'd be interested in digging up past M3 sales to compare..
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      12-11-2008, 06:30 PM   #2
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There was no ///M3 this time last year... Makes sense
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      12-11-2008, 06:41 PM   #3
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M power! forever!
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      12-11-2008, 06:58 PM   #4
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Quote:
Originally Posted by BMWPower06 View Post
There was no ///M3 this time last year... Makes sense
You hit the nail on the head! BMW is cutting production.......
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      12-11-2008, 07:10 PM   #5
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Seems like "spin" to me.
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      12-11-2008, 07:12 PM   #6
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of course theyre seeing a sales increase...they basically giving them away
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      12-11-2008, 07:33 PM   #7
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Quote:
Originally Posted by Bobby_Light View Post
Seems like "spin" to me.
+1
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      12-11-2008, 08:13 PM   #8
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Lolol
Well obviously!!!
You wanna know why?? Cause they're practically giving them away.
Insane discounts, Extremely low finance/lease rates etc.
Dealers are actually taking losses just to get these cars off their lot.
That's the reason.
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      12-11-2008, 08:35 PM   #9
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salesIncrease != revenue;
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      12-11-2008, 10:21 PM   #10
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Its clearly "spin"...but I disagree that they are giving them away at 60-70k per car........my first car, a brand new 1984 VW scirocco "wolfsburg edition" was $11,000 out the door.....
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      12-11-2008, 10:24 PM   #11
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With M sales up so much they should reconsider putting the CSL back on the drawing board.
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      12-11-2008, 10:31 PM   #12
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Quote:
Originally Posted by youyou View Post
Lolol
Well obviously!!!
You wanna know why?? Cause they're practically giving them away.
Insane discounts, Extremely low finance/lease rates etc.
Dealers are actually taking losses just to get these cars off their lot.
That's the reason.
Where are you buying these M3 almost for nothing? At 75K that's not cheap.
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      12-11-2008, 10:33 PM   #13
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Two identical threads within 3 hours. Amen for moderators.
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      12-11-2008, 11:04 PM   #14
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Quote:
Originally Posted by pmeloche View Post
Where are you buying these M3 almost for nothing? At 75K that's not cheap.
x2!

Can I buy a sedan for 40k? If so, sign me up! Who needs Roth IRA's?
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      12-11-2008, 11:57 PM   #15
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Quote:
Originally Posted by youyou View Post
Lolol
Well obviously!!!
You wanna know why?? Cause they're practically giving them away.
Insane discounts, Extremely low finance/lease rates etc.
Dealers are actually taking losses just to get these cars off their lot.
That's the reason.
ALL car companies are offering HUGE promotion, yet still posting 25% drops in sales
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      12-12-2008, 12:20 AM   #16
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the M.....plus i think they offer the M5 as a wagon as well in europe...
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      12-12-2008, 01:25 AM   #17
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Man there is no drop in price here. I paid almost USD250K for my car down here!!!!
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      12-12-2008, 01:30 AM   #18
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Quote:
Originally Posted by elmariachi View Post
Man there is no drop in price here. I paid almost USD250K for my car down here!!!!
You have a small market there. Australia is seeing some discounts with BMW. its just BMW buyer here are not use to getting discounts so they don't ask.

It depends on how well you know your dealer and you have to stand firm but some are seeing 10-17% off retail prices and 20% off demo's
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      12-12-2008, 03:07 AM   #19
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With all the deals they are having now a days, this is definitely a buys market.
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      12-12-2008, 04:21 AM   #20
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      12-12-2008, 08:43 AM   #21
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Quote:
Originally Posted by MarkE90M3 View Post
At first I told myself this is some nice SPIN, then again BMW never seems reluctant to annouce when sales are down too. I'd be interested in digging up past M3 sales to compare..
Could it be because 2009 might be the last MY for the //M V8
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      12-12-2008, 10:10 AM   #22
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well my dealership has all the same M3s it had when it started selling them 6 or so months ago. The dealership is maxed out with them. I dont think we are seeing these same discounts as other parts of the world
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