October sales collapse rattles ailing automakers

rabman5

Senior member
 Orchard Lake, MI
Sales are down accross the board! Mercedes, -34.2% Porsche -50.1% BMW & VW are the only two companies that didn't see a double digit decline for October, -4.9% and -6.5% respectively. Read the article

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Wondermike said:
Wonder why BMW has done so much better than Porsche or Merc :scratchhead:

Could it be customer loyalty? Are BMW owners more loyal to the brand? Are American Merc drivers as fanatical as many BMW drivers? Does one buy a Porsche to reward one's self while many BMW's could be considered practical? With the current economy is a $50k BMW more attractive than an $80k Porsche? i don;t know, just my thoughts.
 
As per BMW magazine this month, sales are UP in the UK ...
 
rabman5, you could be right what you say there - I think the UK and US are quite different markets.

pvr, how can it be possible? Unless instead of self-registering 50% of cars for BMW UK they've increased that even more :rofl:
 
pvr said:
As per BMW magazine this month, sales are UP in the UK ...

Down 24% in september according to the SMMT, I think they may have been up for the first six months perhaps?

September figures here http://www.smmt.co.uk/articles/article.cfm?articleid=18080
 
Strange, Bimmerfile reports a drop of 14.5% in sales for the BMW Group in the U.S of A for the month of October compared to October 2007. :scratchhead: And they are generally accurate. :(
 
For Canada the numbers are quite different for October 2008 over October 2007....

Audi - +67.7%

BMW - +22.8%

Mini - reported seperately - +52.7%

Mercedes - +15.4%

Smart - +1,488.2% - :o

VW - +37.7%

Infiniti - +60.4%

Jaguar - +37.5%

Lexus - +15.8%

Subaru - +23.4%

Suzuki - +21.6%

Several others are up also. Chrysler was the only one from North America that was up.
 
Smokin said:
hey, Ferrari was on the plus side! :P
Wall Street Bailout package - there's Capitalism and a free market economy at its finest - those that take the risk get bailed out when things don't work out :rofl: Ferrari's all around BoyZ!
 
Caddyshk said:
Smokin said:
hey, Ferrari was on the plus side! :P
Wall Street Bailout package - there's Capitalism and a free market economy at its finest - those that take the risk get bailed out when things don't work out :rofl: Ferrari's all around BoyZ!
How true how true... :(
 
Well, when you sell less than 1400 cars a year, doesn't take much to increase quite a bit. :rofl:
 
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