05-03-2016, 01:18 PM | #1 |
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BMW Group U.S. Reports April 2016 Sales
![]() BMW Group U.S. Reports April 2016 Sales
Notable vehicle sales include the BMW 2 Series which increased by 76.4 percent, the BMW X1 which increased 63.3 percent, and the BMW X6 which increased by 16.5 percent. April is always a volatile month for BMW with model changeover taking place in some of our very popular X models, and the improving consumer confidence that typically follows the arrival of Spring still developing, said Ludwig Willisch, President and CEO, BMW of North America. The numbers for the BMW 2 Series and the BMW X1 show the very strong following our smaller vehicles continue achieving and I expect our high demand X models to show gains as availability improves in months ahead. BMW Group Sales In total, the BMW Group in the U.S. (BMW and MINI combined) reported April sales of 29,747 vehicles, a decrease of 8.3 percent from the 32,428 vehicles sold in the same month a year ago. Year-to-date, BMW Group sales are down 10.1 percent on sales of 111,199 in the first four months of 2016 compared to 123,697 in the same period in 2015. MINI Brand Sales For April, MINI USA reported 4,796 automobiles sold, a decrease of 12.4 percent from the 5,476 sold in the same month a year ago. Year-to-date, MINI USA reported a total of 15,635 automobiles sold, a decrease of 14.3 percent from 18,253 automobiles sold in the first four months of 2015. BMW Pre-Owned Vehicles
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05-03-2016, 01:51 PM | #3 |
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The decline of the mighty giant continues...
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05-03-2016, 02:08 PM | #4 | |
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05-03-2016, 02:25 PM | #6 |
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BMW still has a brand cache people want and they make a passable low priced car with a roundel. A lot of people here buy it because of that, not the same reasons I buy the brand. I found this the most surprising, but expected. BMW’s automaking margin of 9.4 percent of revenue beat the 7 percent posted by its closest rival. |
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05-03-2016, 02:32 PM | #7 | |
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And to think when BMW decided to use everything they gained from Rover acquisition to make the X5, people were scratching their heads thinking what business did BMW have making SUV's... |
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05-03-2016, 03:24 PM | #8 |
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other lux manf:
audi is up slightly, mb is flat, lexus is down slightly. Cadillac April sales dropped 28.9% to 11,236. Sales for the first four months of 2016 fell 11.5% to 46,869. http://247wallst.com/autos/2016/05/0...-to-sell-cars/
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05-03-2016, 03:34 PM | #10 | |
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Very curious to know what's behind this decline. My first thought was that the economic slow down in China along with gas prices were to blame but after seeing the other manufacturers sales figures perhaps that's not the case
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05-03-2016, 03:40 PM | #11 |
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One thing is for sure: that's no dog, it's a raccoon!
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05-03-2016, 03:42 PM | #12 | |
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Last year it looked like nobody wanted BMW cute-utes. I'm also shocked that BMW keeps producing and selling the Motorboat. Oops. I meant to type Z4 but Motorboat came out instead.
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05-03-2016, 03:59 PM | #13 | |
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real estate in the high end - at least in SoCal is flattening out. the concern about the election is negatively affecting top spenders - even if you vote for Trump, the trade wars he is threatening is concerning to all. uncertainty is the enemy of growth for sure. bmw sales are also negatively affected by lack of new product. new Q7, A4 is out new GLE, GLC, E CLASS, C CLASS (not so new, but still) I would predict the rest of the year is going to be slightly worse than the 1st 4 months have shown us.
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05-03-2016, 04:29 PM | #14 |
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"In its Automotive segment, sales volume for the BMW Group rose by 5.9% to a total of 557,605 units (2015: 526,669 units) in the first three months of the year, thus setting a new first quarter record."
"Group profit before tax (EBT) increased by 4.4% to a new record level of 2,368 million (2015: 2,269 million). Group net profit rose by 8.2% to 1,641 million (2015: 1,516 million), also marking a new first quarter record." Just sayin' |
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05-03-2016, 04:42 PM | #15 | |
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05-03-2016, 05:16 PM | #16 | ||
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05-03-2016, 08:29 PM | #17 |
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“April is always a volatile month for BMW with model changeover taking place in some of our very popular X models, and the improving consumer confidence that typically follows the arrival of Spring still developing,” said Ludwig Willisch, President and CEO, BMW of North America. “The numbers for the BMW 2 Series and the BMW X1 show the very strong following our smaller vehicles continue achieving and I expect our high demand X models to show gains as availability improves in months ahead.”
This is what otherwise is known as "polishing a turd". |
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05-03-2016, 09:16 PM | #18 |
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I'm glad it keeps going down.
I hope they will realize cost-cutting, multiple variants strategy dont work anymore. The new 7-series inferior quality shows in the sales. How did they decide to use cheap black door handle cover to save few cents? Reusing the same old interior design to compete with S-class will not work. |
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05-03-2016, 10:08 PM | #19 |
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I wonder how many of the 2 series sales in Apr were for the M2. I know volume is still low, but that must account for some of the increase for this line on the chart.
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