[KingClifton]

My local BMW dealer said the same thing. Although demand here is down somewhat, it is not extreme (only in particular segments) but worldwide BMW is, like most European makers, scaling back its production. This also affects production allocated to Australia.

Hence if demand here is not reduced by the same amount, there will be shortages. An article in the Fin Review showed a similar pattern with consumer electronics.

EDIT: According to the dealer, their allocation of 320d was sold out until late July (this was in March when I was told this) - seems to be what the punters are after. Also falls in with the 'value' ethos that seems to be proliferating around the place - people are still happy to spend money but want value.