BMW Group (USA) Reports July Sales - E46Fanatics E46 BMW Social Directory E46 FAQ 3-Series Discussion Forums BMW Photo Gallery BMW 3-Series Technical Information E46 Fanatics - The Ultimate BMW Resource BMW Vendors General E46 Forum The Tire Rack's Tire Wheel Forum Forced Induction Forum The Off-Topic The E46 BMW Showroom For Sale, For Trade or Wanting to Buy

Welcome to the E46Fanatics forums. E46Fanatics is the premiere website for BMW 3 series owners around the world with interactive forums, a geographical enthusiast directory, photo galleries, and technical information for BMW enthusiasts.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact contact us.

Go Back   E46Fanatics > BMW News from around the Web

BMW News from around the Web
Submit the latest BMW news from around the world for other E46Fanatics members to check out.

Thread Tools Search this Thread Rate Thread Display Modes
Old 08-04-2008, 03:09 PM   #1
E46Fanatics Owner
tim330i's Avatar
Join Date: Dec 1969
Location: SF
Posts: 11,971
My Ride: 03 Ti Silver M3
BMW Group (USA) Reports July Sales

BMW Group US sales (BMW and MINI combined) up 2.2 percent in July.

Woodcliff Lake, NJ - The BMW Group in the U.S. (BMW and MINI combined) reported July sales of 28,977 vehicles, an increase of 2.2 percent over the 28,364 vehicles sold in July 2007. The BMW Group also reported its year-to-date sales volume of 186,890 vehicles, down 3.0 percent compared to 192,702 vehicles in the same period of 2007.

BMW Brand Sales
Sales of BMW brand vehicles dropped slightly by 1.6 percent to 23,914 compared to 24,295 units in the same month a year ago. Year-to-date BMW brand sales are down 8 percent to 155,427 vehicles, compared to 168,874 vehicles sold in first seven months of 2007.

"While we see the premium segment being affected by the same economic conditions as the mainstream market, there continue to be less dramatic consequences in this segment," said Jim O'Donnell, President of BMW of North America, LLC, commenting on BMW brand sales. "Buyers of our vehicles are still shopping and purchasing but are even more discerning to choose for long-term quality and value. In light of our corporate results announced today, we are going to strengthen our focus on profitability over the next 12 to 18 months by keeping the supply of vehicles in close alignment with demand, which in turn increases our pricing flexibility and brand value. Actions we are already taking include shifting our customer programs in our dealerships to achieve a more equitable balance of retail financing to leasing, further emphasizing the benefits of our four-year free maintenance program, and further developing our Certified Pre-Owned business to aid residual values."

BMW Automobile Sales
BMW's automobile sales are up 0.9 percent in July to 19,261 versus 19,083 in the same month a year ago. Year-to-date sales are down 7.3 percent, to 122,783 automobiles compared to 132,478 in the same period of 2007.

BMW Sports Activity Vehicle Sales
Sales of BMW Sports Activity Vehicles decreased by 10.7 percent in July to 4,653 vehicles versus 5,212 sold last July. Year-to-date, sales of BMW Sports Activity Vehicles are down 10.3 percent, to 32,644 vehicles compared to the 36,396 sold in the first seven months of 2007.

MINI Brand Sales
In July MINI USA reported sales of 5,063 automobiles, a strong increase of 24.4 percent, from the 4,069 cars sold in July 2007. Year-to-date, the division reports sales of 31,463 automobiles, an increase of 32 percent, compared to the 23,828 cars reported in the first seven months of 2007.

"Again this month, we continue to watch a very large movement from larger to smaller vehicles. From the increased traffic in our dealerships, we are seeing desires to downsize but not downscale," said Jim McDowell, Vice-President MINI USA. "Over the last month, our MINI sales have also seen on average $4-5,000 of options in a typical sale. Therefore, at least in the premium end of the small car market, small size is not equating to small dollar sales."

BMW Certified Pre-Owned
Sales of BMW's Certified Pre-Owned vehicles reached its best July ever. Sales are up 11.4 percent, to 7,998 vehicles versus 7,178 vehicles reported last July. Year-to-date, CPO sales are up 21 percent, to 59,984 over the 49,562 reported in the same period in 2007.

Sales BMW of North America, LLC, July 2008

YTD 2007

BMW brand

BMW passenger cars

BMW light trucks

MINI brand

tim330i is offline   Reply With Quote
Ads by Google

Guests, get your FREE membership to remove this ad.
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Censor is ON

All times are GMT -5. The time now is 12:30 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
(c) 1999 - VerticalScope Inc. All rights reserved.