BMW has released their worldwide revenue numbers for 2008. Group revenues are down 5% compared to 2007 numbers, with the automobiles division down 9.4%. Due to the economic crisis, this report doesn’t surprise anyone, but hopefully, with the introduction of … Continue reading

No surprise here, as all the other automakers, BMW North America has reported a decrease in sales compared to the January of last year. MINI brand follows the same path, with 15.4% decrease in sales. Historically January has never been … Continue reading

Despite the overall 15% decrease in U.S. sales, BMW has reported that the M car sales have seen a 50% increase over last year. The BMW Motorsport division has scored the second-best result in the thirty-year history, 24,186 BMW M … Continue reading

BMW has extensively cut the number of temporary workers, but managed to safeguard many jobs by having its employees work less hours on certain days. The upcoming months are critical for BMW and shortening the work time for 26,000 employees, … Continue reading

BusinessWeek has an interesting article on the latest news in the auto industry and especially, the luxury cars market. As we all know by now, the auto industry is hurting, badly and the prognosis for 2009 is far from positive. … Continue reading

The BMW Press Conference has ended over an hour ago and I wanted to share with you some things that BMW Board member Dr. Klaus Draeger and Ian Robertson have communicated to the press. In 2008, BMW has delivered a … Continue reading

An interesting article was posted on Wall Street Journal a couple of days ago. The main topic was the BMW and VW’s plans to expand their market share in the US, riding on the decline of the three large US … Continue reading

BMW has released today their sale numbers for December 2008 and as expected, they are not pretty. While the Mini brand’s sales accounted for 3,566 automobiles, up 0.1 percent from the 3,562 cars sold in December 2007, the BMW brand took … Continue reading

While many manufacturers are closing down plants to stop piling up inventory, BMW has defied the downturn, at least  in India. BMW’s specialist ‘M’ or the ‘Motorsport’ division has improved on sales internationally and the BMW brand as a whole … Continue reading