01-04-2020, 06:24 PM | #23 |
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If they didn't suck they wouldn't be canceling them now would they.
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01-04-2020, 10:04 PM | #24 | |
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BMW has tried to shift a bit from pure sales to higher profitability - the marketing 'M' also brings the 'M'argins! |
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01-05-2020, 08:31 AM | #25 | |
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Seriously, taste is not a function of R&D but good engines, brakes, well tuned transmissions and suspensions, etc. are. So there is some merit to your point. But a few more vehicles sold than Mercedes or a few less isn't going to impact on R&D budgets. Furthermore, the impact of the new grills won't be felt for a couple of more years until they become more prevalent. |
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01-05-2020, 10:29 AM | #26 |
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Hopefully under Zipse as the new CEO, BMW can reclaim its rightful position as not only the best luxury brand but as the Ultimate driving Machine.
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01-05-2020, 10:41 AM | #27 |
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Those sales are real sales. The cars do eventually get sold.
It's the bookkeeping manipulation of when those sales are recorded which would violate accounting and inflate sales figure that has the SEC attention as it could impact quarterly or annual reports that are highly regulated. |
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01-05-2020, 11:07 AM | #28 |
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01-05-2020, 12:20 PM | #29 | |
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The only money I invest myself is in an index fund (VFIAX), which has yielded a 33.2% return since January 2019. As good as BMW is, their stock doesn't come close to that. |
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01-06-2020, 08:31 AM | #30 | |
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BMW Passenger Car Sales 2012 : 195,093 BMW Passenger Car Sales 2019 : 165,549 Actual Cars (no X1 SUVs) 2012 :186,149 Actual Cars (no X1/X2 SUVs) 2019 : 136,441 Essentially a drop of about 1/3 of Actual Cars Sales and 2012 wasn't the peak in BMW car sales. |
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01-06-2020, 11:29 AM | #31 |
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IK6, this to me points to the long term decline of consumer auto ownership. Flat industry volume of 17m vehicles for 20 years means fewer vehicles per household.
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