Got the salt? How about the pepper? Great, here’s what’s going on, BMW admit to moving a vast amount of cars around the world.

Well, it’s not the literal version, there’s nothing illegal to talk about and the news itself isn’t that big. The trigger is what made thins blow up.

BMW Group board member and sales and marketing director, Ian Robertson made the announcement during a company event in Munich earlier this week.

For a company that’s constantly at the top of the luxury sales pack decisions like these matter and it can be very relevant as to what’s happening in Europe.

Robetson claimed that “challenges in Europe are getting greater” and that while the market has potential, it will be a few years before things even out.

While that is happening the Bavarians have to adapt to the situation and make faster deliveries in markets where the demand really exists.

At the moment these markets are in the United States and the Chinese market. ACEA, the European Automobile Manufacturers’ Association has figures to confirm the downside BMW is on about.

Just last month, 10.8 percent less than in the same month last year with major markets like the one in Germany, one of the strongest around being down by 10.9%.

Meanwhile the places like France are down by 17.9%, Italy by 25.7% and Spain by a whopping 36.8%. This isn’t new since the entire market is down by 7.6 per cent relative to the first nine months of 2011.

So how many cars did they shift around? No precise figure was given but a pointer of “tens of thousands” can be quite relevant.

About Post Author

Marcus M.

http://www.bmwcoop.com

The post BMW admits to moving cars from Euro to US appeared first on BMWCoop | BMW Blog, BMW News, BMW Reviews.

The latest announcement from BMW is rather worrying as they claim the new F10 BMW 5 Series has sold out in all the markets it’s been made available.

The new BMW 5 Series entered the European market about a month ago and the U.S. market just over a week ago and yet all the lots went out already. Happily since this isn’t a limited edition, you can still get one, you will however have to wait for about three months or so to put one in your driveway.

Ian Robertson, BMW’s sales boss was present at an industry press conference in Bilbao, Spain today were he made this information available to the public along with statements according to which the Bavarians were expecting something like this to happen since the 5 Series is a BMW core product and the F10’s less controversial styling when compared to the previous generation would see more market appeal.

Besides the styling there’s another important appeal of this BMW 5 Series, it shares almost 70% of its technology with the company’s flagship model, the BMW 7 Series. As an additional success item, analysts believe that the new 5-er is ‘stealing’ market share from Audi’s A6 because it will be soon replaced by an all-new model and customers are put off by the idea of buying a new premium car that’s almost already outdated.

About Post Author

Marcus M.

http://www.bmwcoop.com

The post F10 BMW 5 Series sold out in all markets appeared first on BMWCoop | BMW Blog, BMW News, BMW Reviews.