Cars
In what appears to be more the result of the ongoing global economic and financial crisis than anything else, BMW reported that in the first two months of 2009, its Certified Pre-Owned (CPO) sales in the U.S. are up by a staggering 24 percent to 19,000 units and the company is on track to beat last year's record number of 104,000 units. That's compared to the firm's 34,9% plunge in U.S. new car sales in the first two months of the year (12,979 units in Jan/Feb 2009 vs. 20,775 units in Jan/Feb 2008).
- Ferrari Posts €54 Million Trading Profit In The First Quarter Of 2009
Even though Ferrari was not completely unaffected by the financial crisis, the Prancing Horse ended the first quarter of 2009 with a trading profit of €54 million (versus €59 million for Q1 2008) which is the highest profit recorded in any...
- Toyota & Lexus U.s. January Sales Sink 34.9 Percent
The first month of 2009 also brought bad news for Toyota that saw its U.S. sales fall to 117,287 vehicles, a decrease of 34.4 percent from last January. The Toyota division that includes the Scion brand, posted sales of 102,565 units, a decrease of 34.9...
- Chrysler's Plunge 53% In December, Total 2008 Sales 30% Down
They say bad things tend to come in threes, and unfortunately, that's the case with Detroit's Big Three automakers. Chrysler LLC's December sales in the U.S. were much worse than GM's 31% and Ford's 32.4% decline as the company reported...
- Mercedes Reports 32.1% Drop In U.s. December Sales, Smart Sells 24,622 Fortwos In 2008
December proved to be a poor month for Mercedes-Benz that reported U.S. sales of 18,507 vehicles, a 32.1 percent decrease over the same month last year. The German automaker's total 2008 volume was 225,128 units, an 11.2 percent decline compared to...
- Bmw Group's 3rd Quarter Net Profits Fall 63%
Reflecting the global economic turmoil, the BMW Group that includes the BMW, MINI and Rolls Royce brands posted a 63 percent drop in third quarter profits. The Munich-based company said that pre-tax profits for the July-September period fell 63.5% to...
Cars
BMW's U.S. Certified Pre-Owned Car Sales up 24% in 2009
In what appears to be more the result of the ongoing global economic and financial crisis than anything else, BMW reported that in the first two months of 2009, its Certified Pre-Owned (CPO) sales in the U.S. are up by a staggering 24 percent to 19,000 units and the company is on track to beat last year's record number of 104,000 units. That's compared to the firm's 34,9% plunge in U.S. new car sales in the first two months of the year (12,979 units in Jan/Feb 2009 vs. 20,775 units in Jan/Feb 2008).BMW Certified Pre-Owned Sales Statistics from 2007-2009
Year---------------BMW CPO Sales Volume-----% Change
2007----------------------90,000-------------------12%
2008---------------------104,000-------------------16.5%
2009 (Jan. - Feb. '09)----19,000-------------------24%
- Ferrari Posts €54 Million Trading Profit In The First Quarter Of 2009
Even though Ferrari was not completely unaffected by the financial crisis, the Prancing Horse ended the first quarter of 2009 with a trading profit of €54 million (versus €59 million for Q1 2008) which is the highest profit recorded in any...
- Toyota & Lexus U.s. January Sales Sink 34.9 Percent
The first month of 2009 also brought bad news for Toyota that saw its U.S. sales fall to 117,287 vehicles, a decrease of 34.4 percent from last January. The Toyota division that includes the Scion brand, posted sales of 102,565 units, a decrease of 34.9...
- Chrysler's Plunge 53% In December, Total 2008 Sales 30% Down
They say bad things tend to come in threes, and unfortunately, that's the case with Detroit's Big Three automakers. Chrysler LLC's December sales in the U.S. were much worse than GM's 31% and Ford's 32.4% decline as the company reported...
- Mercedes Reports 32.1% Drop In U.s. December Sales, Smart Sells 24,622 Fortwos In 2008
December proved to be a poor month for Mercedes-Benz that reported U.S. sales of 18,507 vehicles, a 32.1 percent decrease over the same month last year. The German automaker's total 2008 volume was 225,128 units, an 11.2 percent decline compared to...
- Bmw Group's 3rd Quarter Net Profits Fall 63%
Reflecting the global economic turmoil, the BMW Group that includes the BMW, MINI and Rolls Royce brands posted a 63 percent drop in third quarter profits. The Munich-based company said that pre-tax profits for the July-September period fell 63.5% to...