BMW prices will continue to rise through 2009

Aug 04, 2008 1 Replies
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If you're in the market for a Bimmer, now is the time to buy. BMW is raising prices this year and next to help ease the burden of unfavorable exchange rates between European currencies and the weak U.S. dollar. CEO Norbert Reithofer told reporters that the company would also produce 20,000 to 25,000 fewer vehicles overall in 2009 and sell 40,000 fewer units in the U.S. Disastrous exchange rates aren't team Bimmer's only problem, either. The German automaker leases 60% of its vehicles in the U.S.... Read More:

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ing prices this year and next to help ease the burden of unfavorable exchan= ge rates between European currencies and the weak U.S. dollar. CEO Norbert = Reithofer told reporters that the company would also produce 20,000 to 25,0=

00 fewer vehicles overall in 2009 and sell 40,000 fewer units in the U.S. D= isastrous exchange rates aren't team Bimmer's only problem, either. The Ger= man automaker leases 60% of its vehicles in the U.S....

I think the best part of this story, or maybe ad, is if 60% of all US BMWs are lease, there is going to be one excellent deal on those cars when the leases expire!

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