|
|
|
|
|
|
BMW Garage | BMW Meets | Register | Today's Posts | Search |
|
BMW 3-Series (E90 E92) Forum
>
BMW Posts Record Quarterly Profit
|
|
08-02-2011, 10:19 AM | #1 |
Administrator
41139
Rep 21,245
Posts |
BMW Posts Record Quarterly Profit
BIMMERPOST NEWS BMW Posts Record Quarterly Profit BMW earned a record profit in the second quarter of 2011, the highest profit margin of all 3 top luxury car makers. BMW's second-quarter Ebit climbed 66 percent to 2.86 billion euros “The first half of 2011 has been the best six-month period in the BMW Group’s history. We have achieved new sales volume, revenues and earnings records both for the second quarter and the six-month period. Strong demand worldwide for BMW, MINI and Rolls-Royce brand cars, together with efficiency improvements in all areas of the company have contributed greatly to this outstanding performance”, stated Norbert Reithofer, Chairman of the Board of Management of BMW AG on Tuesday in Munich. In view of strong demand for the new BMW 5, 6 and 7 Series and for its successful X models (the BMW X1, X3, X5 and X6) and thanks to greatly improved cost efficiencies, the BMW Group now expects that its full-year performance will be significantly better than originally forecast. For this reason, the earnings and sales volume forecasts for the full year were raised in mid-July. Source: BMW
__________________
Check on the Latest BMW News
Become a fan of Bimmerpost Facebook Follow us on Bimmerpost Twitter Subscribe to Bimmerpost Youtube Channel |
08-02-2011, 10:33 AM | #3 |
Captain
410
Rep 841
Posts |
lol
__________________
WHO'S THE BOSS
|
Appreciate
0
|
08-02-2011, 11:21 AM | #4 |
First Lieutenant
11
Rep 380
Posts
Drives: 2008 e90 335i
Join Date: Jun 2011
Location: Texas, the United States of America, Planet Earth, Universe
|
|
Appreciate
0
|
08-02-2011, 11:41 AM | #5 |
Banned
3161
Rep 9,134
Posts |
|
Appreciate
0
|
08-02-2011, 09:19 PM | #9 | |
Major General
688
Rep 6,845
Posts
Drives: 2018 Audi RS5 coupe
Join Date: Jul 2008
Location: Reston, VA
|
Quote:
So BMW and Audi have to imitate so they don't lose market share Stupid mentality but that's the way it is It doesn't take a rocket scientist to realize that if you keep increasing your sales, at some point, you become the run of the mill car, no longer premium At that point resale values will start to drop And the then the premium image of BMW will be gone So increased profits at the expense if selling out is no reason to be jolly
__________________
|
|
Appreciate
0
|
08-03-2011, 11:45 AM | #11 |
Всем привет ;)
146
Rep 3,358
Posts |
|
Appreciate
0
|
08-03-2011, 08:16 PM | #12 |
Lieutenant Colonel
24
Rep 1,604
Posts |
There was an S-Line A7 in the parking lot at my workplace. What an awesome looking car. I don't understand why you don't like it.
|
Appreciate
0
|
Bookmarks |
|
|