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BMW M Gmbh Sales Exceed Figures Of Entire Previous Year Already In August 2008

BMWAG submitted on 10/06/2008 Official AutoSpies Timestamp: 1:27 PM
from: www.paddocktalk.com

[22] user comments | category: Misc News

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BMW M Gmbh Sales Exceed Figures Of Entire Previous Year Already In August 2008

BMW M GmbH is heading for a considerable plus in sales in this business year compared to 2007. In the 30th year since the start of vehicle production, the company has sold more than 16,150 units worldwide already between January and August, exceeding the total sales figure of the previous year (16,128 units). "This is really a strong statement of our customers", said Ludwig Willisch, Chairman of the board of BMW M GmbH. "The fact that we have been able to achieve such extraordinary success, particularly in 2008, speaks for the uniqueness of the BMW M models."

The success of the new BMW M3, underlined by continuously increasing sales since its market launch, has played a decisive role in this positive trend. This sports car, powered by a high-rev V8 engine delivering 309 kW/420 bhp, is offered in three versions; the BMW M3 Coupe, BMW M3 Sedan and BMW M3 Convertible. No less than 1,583 M3 models were sold worldwide in August 2008 alone.

The preconditions for continuing this trend are ideal. Following the successful launch of the M Double Clutch Transmission with Drivelogic for the BMW M3, further innovative refinements will be introduced to enhance the attractive appearance of the three models. A feature of the BMW M3 Sedan will be divided rear lights with the brand-typical L-shaped contour with modifications to the bumper and rear lid. The three new models will also feature the new generation of the iDrive control system and innovative services of BMW ConnectedDrive.

The ideal start: The new BMW M3 more successful than the predecessor by nearly 100 per cent.

No less than14,589 BMW M3 models were sold already 14 months after the start of production; of these, 11,485 were sold between January and August of this year alone. The number of new BMW M3 models sold in the first year of production was nearly double that of the predecessor model at the same time in its lifecycle. The BMW M3 convertible on sale since spring 2008, of which nearly 2,300 units, and the Sedan launched shortly before, of which about 1,750 units were sold, made a significant contribution towards the overall success of the BMW M3.

Already now, 2008 is yet another chapter of success for BMW M GmbH in the history of its vehicle production. Since 1978, when the company which was established six years previously, presented the on-road version of the BMW M1 mid-engine racing car, the number of customers that decided for a BMW M model, has continuously increased. In June 2008, the 300,000th vehicle was delivered. "The fact that we have achieved the sales figures of the previous year already after just eight months testifies to the importance the unique driving pleasure BMW M models offer for our target group," added Willisch.
Unrelenting fascination for BMW M5 and BMW M6.

Overall, the success in sales achieved up to now in 2008 is attributed to nine models of BMW M GmbH, whereby in addition to the BMW M3, the BMW M5 in particular has made a valuable contribution to the positive result with solid growth in sales figures. The award-winning model, powered by a V10 engine, delivering 373 kW/507 bhp, is available as a BMW M5 Sedan and BMW M5 Touring version. Since 2005, 18,649 units of the current BMW M5 were sold. The sales figures also for the current BMW M5 are therefore distinctly above comparable values of the predecessor model.

Unrelenting is also the global enthusiasm for the BMW M6 Coupe and BMW Convertible models, which are similarly powered by a V-10 engine. Nearly 12,000 customers have shown their preference for one of these two high-performance sports cars in a class of their own. 7,726 BMW M6 Coupes and 3,948 Convertibles were sold by August 2008. The sales figures of the first high-performance Coupe of BMW M GmbH, of which 5,855 of the BMW M635 CSi were sold between 1984 and 1989 worldwide, have already been substantially exceeded. With a number of innovations, including the competition package for the BMW M6 Coupe in particular, the history of success will be continued in the model year 2009.

The convincing performance of BMW M GmbH is rounded off this year by the final spurt of the BMW Z4 M Roadster and BMW Z4 M Coupe, the production cycle of which ended in August 2008. 5,070 Roadsters and 4,275 Coupes stand in the balance of this extraordinary sports car, the last BMW M models featuring the legendary six-cylinder in-line engine with 252 kW/343 bhp under the bonnet. This engine was awarded the title of "International Engine of the Year" in its class not less than six times. The successor is already secured as demonstrated by this year's success of the new V8 power unit in this competition. Read Article

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M53R - 10/6/2008 2:25:10 PMView My AgentSpace

+10 Boost

GO BMW M!!!

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topneuro - 10/6/2008 2:28:48 PM

-11 Boost

“The preconditions for continuing this trend are ideal.”

The conditions in the US and other markets, except places like Dubai or Beverly Hills have changed.

BMW will be one of the hardest hit since it raised the price of all its vehicles and the price of all their leases. With this scenario BMW at 0%APR for 60-72 months is not inconceivable.

Auto markets won't recover until at least the middle of next year, BMW chief executive Norbert Reithofer said at the Paris Motor Show. The world's largest luxury-car maker may deepen production cuts if people continue to delay purchases. ''We don't expect a recovery starting before mid-2009,'' BMW CEO Reithofer said after announcing that sales declined last month. ''What happens after 2009 is difficult to predict.'' BMW scrapped its 2008 profit forecast on Aug. 1 and said it would lower output by 20,000 vehicles, equal to 1.3% of its deliveries in 2007, because of declining US sales. The company also raised prices in the US as it grapples with the dollar's decline against the euro and falling values for cars it sells after leases expire.

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HSCenterconsole - 10/6/2008 2:37:16 PM

+9 Boost

I would love to see the sales numbers between the M3 (broken down by sedan, coupe, and convertible variants) compared to the C63 and IS-F.

On a more random note, a new silver M3 convertible parked behind me today in the garage. Looks great with those 19inch optional wheels!

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sector - 10/6/2008 2:42:16 PM

-14 Boost

BMW M is still BMW. They predict 40% profit loss for '08
but keep up the positive attitude!

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carcar3334 - 10/6/2008 2:47:29 PM

+12 Boost

So, im sure every car company's profits will be down due to the poor economic climate.

QuantumMatrix - 10/6/2008 3:20:06 PM

+11 Boost

Gee auto001, I wonder how much loss Lexus aka Toyota's loss will be next year?

Since Lexus is too embarrassed to post Lexus losses seperate from Toyota, you just know they are covering up a big pile of S__t !!

Love the Huu76 Spin Factor you put on everything BMW..

Another case of "BMW Envy" ....

QuantumMatrix - 10/6/2008 3:38:04 PM

+8 Boost

auto001 please read the following:

Toyota is beginning to feel The Big 2.8's pain. The world's largest automaker released their first quarter financial results. No question: they got dinged. While ToMoCo's books are not in the same universe as GM or Ford, the Japanese carmaker's operating profit dropped 39 percent to "only" $3.8b. That's just over half of the $6.2b they showed for the same quarter last year.

enthusiastx11 - 10/6/2008 8:28:41 PM

+1 Boost

what you are referring to is NOT a LOSS...profits are down markedly, but BMW AG is still extremely profitable.

topneuro - 10/6/2008 2:57:49 PM

-2 Boost

Car markets are next.
Just like home buyers foreclosed and lost their home there will be many delinquent financed vehicles and leased vehicles going back to banks and dealer lots.
Anybody interested in a used 2008 BMW M3 low mileage?

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Agent009 - 10/6/2008 3:06:00 PMView My AgentSpace

+3 Boost

I hate to say it. But I have a feeling you are right.

StarSearch - 10/6/2008 3:08:03 PM

-1 Boost

The time is right for a "Repo Man" sequel...if Emilio Estevez can find the time in his busy schedule, haha!!!

VISO - 10/6/2008 3:08:18 PM

+1 Boost

Not necessarily. I think carcar3334 that we might see some carmakers posting profits for 2008 even in this bad climate.

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carcar3334 - 10/6/2008 3:47:36 PM

+6 Boost

True, BMW will still make a profit...just not as much as last year. Other companies will make more profit and some will loose less profit. Its a year by year thing, one bad year dosent mean to much in the big picture. Like topneure said Subaru posted 4% increase compared to last year. Does that mean Subaru is a better company? not necessarily. As far as i know BMW is one of the most financially sound companies out there. So its not really worth discussing..I thought this site was for car enthusiasts not market analysts.
Regardless, BMW makes some of the best cars out there, and arguably the best motors in the industry. BMW has invested heavily in the USA(the largest market) and once there market turns around, which it will most definitely will, BMW will be sitting pretty again.so w/e.

topneuro - 10/6/2008 3:27:40 PM

-3 Boost

Subaru posted 4% profits as compared to last year.

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topneuro - 10/6/2008 4:06:48 PM

-6 Boost

You guys can keep kissing BMW a** but that is not the place to look for profits, Ford stock is now at $3.40 a share. Greed is good but fear is better.

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StarSearch - 10/7/2008 9:50:50 AM

-1 Boost

the sheer irony of this post is blinding.

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