Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > F07 Gran Turismo (2010 - Current)

F07 Gran Turismo (2010 - Current)
The 5 Series Gran Turismo -- now available in the USA as a 535i, 550i and 550i xDrive model.

Reply
 
Thread Tools Display Modes
  #1  
Old 03-14-2012, 07:28 AM
Mikez38 Mikez38 is offline
Officially Welcomed to the 'Fest
Location: Long Island, NY
 
Join Date: May 2011
Posts: 201
Mein Auto: 550iX GT
BMW Incentives

Just read this report

"FRANKFURT (Reuters) - BMW (GER:BMW.DE - News), the world's largest premium carmaker, warned that more and more profit-eroding incentives are being offered to sell luxury cars at the moment, adding there are no signs this will change anytime soon.
"What we see with the beginning of the fourth quarter is that the pressure on the pricing front has increased. When it will end is, at the moment, not clear," finance chief Friedrich Eichiner told analysts during a webcast.
BMW does not break out separately the net effect of pricing power on its earnings due to competitive reasons, but the Automobile segment's earnings before interest and tax (EBIT) improved by 3.14 billion euros ($4.12 billion) last year thanks to a combination of balance of volumes, sales mix and pricing.
Eichiner also said efficiency gains would be in the medium to high hundreds of millions of euros this year, compared with 520 million in 2011.
According to Eichiner, BMW's financial services business set aside a risk provision of around 100 million euros last year due to exposure to the Southern European luxury car market. ($1 = 0.7628 euros)"
__________________
2011 550iX GT, 2011 MB C300 sport, 2003 Porsche C2 Cab (turbo conversion)
Reply With Quote
Advertisement
  #2  
Old 03-16-2012, 08:23 PM
starryeyed starryeyed is offline
What's Not to Love??
Location: USA
 
Join Date: Nov 2007
Posts: 192
Mein Auto: 2012 535xi GT MSport
Mikez38, that's a pretty sweet-looking ride you have!

Thanks for the news. I would love it if BMW came out with some US-incentives on a new GT. I need an incentive to get me off the fence!
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > BMW Model Discussions > 5 Series > F07 Gran Turismo (2010 - Current)
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



Forum Jump


All times are GMT -7. The time now is 04:39 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms