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      12-27-2008, 07:11 PM   #41
Johndoe
Second Lieutenant
7

 
Drives: 09 M3 sedan
Join Date: Jan 2008
Location: Houston


Posts: 257
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FX rate increasing BMW profits yet prices go UP???

think the new BMWNA president is getting too anxious to make a name for himself.......with a stronger dollar (ie. weaker Euro), BMW is now getting back more Euros for the same US$70K M3 or say US$45K 3 series, but the exchange rate boom is not enough for BMW,....let's ALSO increase prices......

I understand the S Carolina plant dynamic but frankly 3 series is BMW's bread and butter and they are all imported in US...so BMW needs to get a bit less greedy when the overall economy is in the shit can......