Get daily feeds in your email. Subscribe Now!

Have great AutozInsight news? Send us a tip!
Want to view Archives?

BMW to raise prices by 1% to counter weak dollar Fame it!

Posted on May 27 2008 8:26 AM by Asif
Filed Under: BMW ,

Most would argue that BMWs already flirt with being overpriced, though Munich would argue with you. The dollar's drop has hurt BMW's ability to earn a margin on each vehicle it sells in the United States, so prices will be bumped by one-percent beginning in June. BMW has taken a 17-percent whack in income for the first three months of 2008 as sales have slowed, the dollar weakened, low resale values, and bad debts have cost the luxury automaker. Though it's facing a slight slowdown due to those factors, a one-percent price increase is relatively modest, and shouldn't cause much consternation when it comes time to sign on the dotted line, though it makes the 135 that much more rareified. As long as it keeps vehicles like the M3 coming, we'll gladly let you pay more for your X6 -- we weren't getting one, anyway.

Tags: BMW ,

Permlink | Email this | Comments[0]

Add your comment

Reader Comments

No comment found for this blog




Post Comment




Sections

Auto News

News (1789)

CAR VIDEOS

Car Video Tour (30)
Commercials (17)

AUTOMAKERS

Acura (49)
Alfa Romeo (28)
Aston Martin (46)
Audi (199)
Bentley (29)
BMW (230)
Bugatti (29)
Buick (46)
Cadillac (53)
Chevrolet (145)
Chrysler (87)
Citroen (16)
DaimlerChrysler (3)
Dodge (80)
Ferrari (88)
Fiat (37)
Ford (271)
GM (103)
GMC (24)
Honda (128)
HUMMER (31)
Hyundai (76)
Infiniti (42)
Isuzu (2)
Jaguar (69)
Jeep (32)
Kia (57)
Lamborghini (43)
Land Rover (58)
Lexus (87)
Lincoln (21)
Lotus (35)
Maserati (34)
Maybach (11)
Mazda (102)
Mercedes Benz (209)
Mercury (15)
MINI (46)
Mitsubishi (92)
Nissan (155)
Peugeot (24)
Pontiac (30)
Porsche (87)
PSA (0)
Renault (52)
Rolls Royce (22)
Saab (50)
Saturn (29)
Scion (20)
SMART (19)
Subaru (63)
Suzuki (39)
Toyota (170)
Volkswagen (166)
Volvo (79)

AUTO TYPES

Commercial Trucks (11)
Compact (104)
Convertibles (41)
Coupes (120)
Crossovers/CUVs (43)
Economy (12)
Hatchbacks (49)
Hybrids/Alternative (173)
Luxury (447)
Minivans/MPVs (58)
Sedans/Saloons (204)
Sports/GTs (525)
Supercars (204)
SUVs (226)
Trucks/Pickups (89)
Wagons/Estates (20)

AUTO SHOWS

Chicago Auto Show (349)
Detroit Auto Show (91)
Frankfurt Auto Show (5)
Geneva Motor Show (83)
LA Auto Show (27)
Misc. Auto Shows (18)
New York Auto Show (29)
Paris Motor Show (3)
SEMA (6)
Tokyo Motor Show (16)

Resources

Contact Us
Blog Script
Advertise
Blogger Signup
Downloads
Link Exchange
Cheap Hosting
FameBits
Tutorials
Pakistan Jobs
Afghanistan Jobs
Music Lyrics
Movie Trailers
Track Employees
Video Game Trailers
India Pak Videos





Most Commented On (60 days)

Recent Comments

FlashedBlogs Network

Entertainment
Wireless
Health & Beauty
Consumer
Business
Software
Wallpapers
Spiritual
Politics & Society
Gaming
Traveling
Internet