pinguhk

That is good
Mercedes ?10.3% haha

Full story
http://www.autoblog.com/2007/08/01/b...ers-july-2007/

EBMCS03

So mean... picking on Mercedes...

pinguhk

yep not a fan on MB cars.
That why I like to race MB and not Audi on the roads and no other cars
Not even the F1 but I what Lewis Hamilton to win the F1

I going to test the new C-class C280 and C350 this weekend just to see how good itis. alot of my frends say itis good so i will try it out.

cocy00

So mean you have to point that out.

pinguhk

some 1 got to do it

HPIA4v2

Well, the Benz W212 is coming to replace the current E so it probably expected the sales of W211 E-class is down for now (we'll see what happen next year).
But if the the design cue is similar to the new C-class, I'll say BMW engineer's jobs are safe.

BMW.Aaron.TeamF1

Dont forget competition is good. It makes our cars better in order to stay at the top

Rudy

Here's BMW's official release on this news:

BMW GROUP (USA) REPORTS STRONG JULY SALES
08/01/2007

July sales for the Group (BMW and MINI) increase 20.1 percent.
MINI reports its 200,000th car sold since its start in the U.S.

Woodcliff Lake, NJ - August 1, 2007... The BMW Group in the U.S. (BMW and MINI combined) reports strong July sales of 28,364 vehicles, an increase of 20.1 percent over the 23,611 vehicles sold in July 2006. The BMW Group also increased its year-to-date sales volume to 192,702 vehicles, an increase of 6.5 percent, compared to 180,857 vehicles in the same period of 2006.

BMW Brand Sales
Sales of BMW brand vehicles climbed 21.0 percent to 24,295 compared to 20,083 units in the same month a year ago. Year-to-date BMW brand sales increase 7.4 percent, to 168,874 vehicles compared to 157,303 vehicles sold in first seven months of 2006.

BMW Automobile Sales
BMW's automobile sales are up 22.8 percent in July to 19,083 versus 15,546 in the same month a year ago. Year-to-date sales are also up 7.5 percent, to 132,479 automobiles compared to 123,197 in the same period of 2006.

BMW Sports Activity Vehicle Sales
Sales of BMW Sports Activity Vehicles increased by 14.9 percent in July to 5,212 vehicles over the 4,537 sold last July. Year-to-date, sales of BMW Sports Activity Vehicles are up 6.7 percent, to 36,395 vehicles compared to the 34,106 sold in the first seven months of 2006.

Certified Pre-Owned
Sales of BMW's Certified Pre-Owned vehicles reached its best July ever. Sales are up 2.9 percent, to 7,178 vehicles versus 6,977 vehicles reported last July. Year-to-date, CPO sales are down 3.6 percent, to 49,562 over the 51,416 reported in the same period in 2006.

MINI Brand Sales
MINI Automobiles
MINI USA reached a significant milestone in July: 200,000 MINIs have been sold in the U.S. since its launch in 2002. This is more than double the number of cars projected initially for the U.S. within this timeframe.

In July MINI USA reports sales of 4,069 automobiles, a strong increase of 15.3 percent, from the 3,528 cars sold in July 2006. Year-to-date, the division reports sales of 23,828 automobiles, an increase of 1.2 percent, compared to the 23,554 cars reported in the first seven months of 2006.

BMW Group In America
BMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA, LLC began distributing vehicles in 2003. The BMW Group in the United States has grown to include marketing, sales, and financial service organizations for the BMW brand of motor vehicles, including motorcycles, the MINI brand, and the Rolls-Royce brand of Motor Cars; DesignworksUSA, an industrial design firm in California; a technology office in Silicon Valley and various other operations throughout the country. BMW Manufacturing Co., LLC in South Carolina is part of BMW Group's global manufacturing network and is the exclusive manufacturing plant for all Z4 models and X5 Sports Activity Vehicles. The BMW Group sales organization is represented in the U.S. through networks of 338 BMW passenger car centers, 335 BMW Sports Activity Vehicle centers, 142 BMW motorcycle retailers, 81 MINI passenger car dealers, and 30 Rolls-Royce Motor Car dealers. BMW (US) Holding Corp., the BMW Group's sales headquarters for North, Central and South America, is located in Woodcliff Lake, New Jersey.

pinguhk

+1
Then we all should thank MB making the cars or we would not be

yayankee

However, the weak dollar may result in higher prices for BMW vehicles down the road.

From the WSJ 8/2/07

BMW Profit Feels Increasing Sting of Weak Dollar
By CHRISTOPH RAUWALD and STEPHEN POWER
August 2, 2007; Page A6

FRANKFURT -- A slump in BMW AG's earnings is putting new pressure on the company's management amid a broad strategic review that the auto maker is expected to complete this fall.

Despite record vehicle sales and steady profit in recent years, the world's best-selling premium-car maker is seeing its bottom line increasingly ravaged by a weak U.S. dollar. At the same time, the company faces growing questions from investors about where its future earnings growth will come from.
? Slowing Down: BMW reported a second-quarter profit drop because of the weak dollar, higher raw-materials costs and the expense of launching new models.
? Different Route: Its results stand in contrast to the Audi and Mercedes brands, which are benefiting more from a healthy luxury-car market.
? Looking Ahead: Some investors wonder where future earnings growth will come from, with its brand already extended and tougher fuel regulations on the horizon.

Yesterday, BMW said automobile sales rose 8.6% in the second quarter but net profit fell 4.6% to ?751 million ($1.03 billion), compared with ?787 million a year earlier. Although it blamed the result partly on extra costs associated with new-model launches and high raw-materials prices, the company said currency effects "in particular...are having a greater impact on earnings than previously forecast."

BMW's performance contrasts sharply with recent earnings improvements at its main German rivals: DaimlerChrysler AG's Mercedes division and Volkswagen AG's Audi unit. While conceding the impact of "adverse currency effects" was greater than it had expected, BMW said its earnings outlook for the full year remains unchanged, with the company expecting pretax profit to be higher than 2006's results, after excluding gains from an exchangeable bond that boosted last year's figure.

BMW's revenue rose 11% to ?14.68 billion because of increased car sales and an improved model mix.

Since selling its mass-market British brand Rover in 2000 after failing to turn it around, BMW has posted growing vehicle sales while hewing to a premium-only strategy.

But with its sales in the U.S. rising sharply, BMW's profit has also been severely burdened in recent months by the weak dollar, prompting the company to announce in May that it will increase production capacity at a plant in Spartanburg, S.C., where it produces sport-utility vehicles and the Z4 sports car. By making cars in the U.S., where costs and revenue are in dollars, companies help to insulate themselves from unfavorable exchange-rate changes. In recent weeks, the euro has hit record highs against the dollar, cutting into the profit margins of European exporters in a variety of industries.

BMW is also facing questions from investors about where its future sales and earnings growth will come from, having already stretched its brand well beyond sporty sedans and coupes into small cars such as its compact 1-Series model. That is particularly true as regulatory pressure grows in Europe and the U.S. for costly new investments in more-fuel-efficient models.

Despite generally strong demand for its vehicles, BMW's stock price has tended to be outpaced during the past year. Rivals such as Volkswagen, DaimlerChrysler and Fiat SpA have seen their share prices rise sharply amid extensive restructuring programs or -- in Volkswagen's case -- takeover speculation.

Though long shielded from takeover attempts by Germany's Quandt family -- owners of 46.6% of its stock -- the company has embarked on a strategic review that some analysts think could lead to new partnerships with other auto makers, a step that would allow BMW to retain its independence while lowering the break-even costs associated with new models.

During a conference call with analysts and journalists yesterday, BMW's chief executive officer, Norbert Reithofer, said the company will announce the results of its strategic review in the fall. He declined to say whether the company might seek to acquire another car brand but said the company continues to be open to partnerships with other car makers. He also said the company expects a productivity improvement of about 10% in 2007.

"We will work hard on lowering costs and increasing efficiency," Mr. Reithofer said. He added that BMW's vehicle sales in July rose approximately 20%, compared with July 2006, as a result of recent model launches such as the revamped X5, as well as new versions of its 3-series, 1-series and Mini model lines.