BMW Dumps 2008 Outlook Amid Global Autos Slowdown

...Houston, we have a problem...

in other news, lexus is down 30 somthing % for the fourth time this year.

The difference is that Lexus will have an almost all-hybrid lineup to really bump up sales over the next 5 years, while BMW
will still be licking their wounds from this economic downturn.

Yes, a very nice deflection...and yet:

Automotive News Europe
October 30, 2008 10:45 CET


FRANKFURT (Reuters) -- Audi AG reaffirmed its full-year forecast for a rise in revenue and earnings that reflects an increase in sales to a record 1 million vehicles, it said on Wednesday.

Turnover in the first nine months gained 2.1 percent to 25.80 billion euros ($32.88 billion), while operating profit grew by 13.6 percent to 2.06 billion, the company reported in its quarterly update.

The company stuck to its target of selling 1 million Audi brand vehicles this year, with a corresponding rise in sales and earnings.

In 2007, the Ingolstadt-based carmaker sold 964,151 vehicles, generated some 33.6 billion euros in revenue and posted an operating profit of nearly 2.71 billion.

Audi said that the continued instability in refinancing markets posed a general risk, particularly for sales financing.

"The Audi group profits in this situation however from the overall solid liquidity position and conservative refinancing policy of the Volkswagen group," it said in its update.

Audi clearly outperformed its larger luxury rival Mercedes-Benz Cars of Daimler, which was forced to lower its profit forecast for a second straight quarter last week on impairment losses at its U.S. leasing business. BMW, the world's largest luxury maker by volume, is said to make announcement that it too will not be able to meet its profit forecast.

Earnings before interest and taxes at Mercedes fell 26 percent to 2.48 billion in the first nine months, and it now expects full year margins to fall to about 5 percent due to charges of 449 million euros related to falling prices of cars coming off lease.

Back to the drawing board with those BMW lease offers.
Ready for BMW's at 0.0% APR & 72 months?

Those LSD trips must have screwed with your head.

Amazingbummer.

Please, I beg of you, have mercy on us, STOP!!!

You know nothing, your ignorance and stubbornness have no equal, even MichaelTaylor was not that stupid.

Please, do me a favor, log on to Reuters.com and search the stock market value of BMW and Audi in Europe.
Here, I help you;
BMW share= 22.50 euros
Audi share= 451 euros

It is not a typo, I swear.
So, if it was not for the "anti-trust" law in europe, Audi could turn around and just buy BMW for breakfast and spit out the crumbs at lunch.

Why, because Audi outsells BMW pretty much everywhere in the world but here in the US.
But if it had not been for the "60 minutes" episode in 1986, that might be also the case here. For your information, in 1986, at a time you were still in your dad's balls, Audi was outselling BMW by roughly 20K unit a year. (70K vs 50K).

So take you same old same old arguments, based on nothing but ignorance and being a stupid fanboy and go somewhere else.
Do some research on your own, if you know how to use a computer other than spill your ignorance on this website, you should be able to read news on your own.
Don't be afraid, you will be fine. I know the truth can hurt, but you will be fine.
Remember the first time you took it in the rear end, it hurt, but now you are fine and you are use to it.
well same here.

1evaudi, please open up your eyes. BMW AG doesn't share platforms with smaller brands, which in turn help its market value. If you were to look at strictly Audi vs. BMW then your beloved car company would not present itself so strongly. BMW was and still is considered to be the WORLD's numbers one premium automaker.

The next point where you stated that Audi had a small decrease in sales while BMW dropped significantly. Well when you don't sell to many cars, then its easy to show small decreases. When you sell as many cars as BMW its easy to show larger losses. (IE a car that is $100,000 will depreciate much more than a $30,000 car)

As for the individual with the Hybrid comment. Lexus is a joke and so is Hybrid. They leave a worse carbon footprint on the environment than a gas powered vehicle. Also BMW is in bed with a few large automakers to create a real version of Hybrid. Do your research then comment. It will have a transmission hybrid as well as an engine hybrid to create real efficiency.

Same old BMW fanboy argument about sales numbers. At least Audi did not give away the store like BMW did in the US and now BMW is paying the price for it.

Look all the beenie fans are boosting themselves. When you have to boost a comment by amazingdouche, that is pretty pathetic.

World Business Briefing | Europe
Germany: Profit Falls at BMW
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By ASSOCIATED PRESS
Published: November 4, 2008

BMW said that profit for the third quarter dropped 63 percent as the global economic turmoil made consumers more reluctant to buy its sports and luxury cars. The company, based in Munich, said net profit for the July-September period fell to 298 million euros ($375.5 million), from 803 million euros a year ago.

PS>List your source, don't just paste some lines.

Let's see BMW income growth at sales around 1.3 million (do your figures include Mini, if so you cannot count them) is a negative 32.60% and the net profit margine is 4.87% while Audi's income growth is +35.80% at less than 1 million units with a higher net profit margin. So, who is actually doing better? Sorry not your precious poser wannabe. These are the numbers that count for long term growth and viability. Of course, BMW has a higher sales figure as they sell around 300,000 units plus currently, yet how is it that their income growth is negative and their net return on profit is less than Audi yet they have higher sales? Increase in Sales growth with shrinking net profit margin and negitive income growth somehow don't spell success. Thanks for the info though, maybe amazing douche can read it too especially with his great education he attests too.

These figures don't say anything seriously positive about BMW right now. Don't know why you are throwing them out. So what, of course higher volume is giving BMW higher income, yet income growth is negative with a poor net profit margin. Nothing to write the Quandts home about.

But amazing douche will wet himself over it.

Growing revenues with a nice net return in profit per uit is what's all about. Selling volume without profit margin increases or low ones and no income growth doesn't sound too good. Hopefully, little beenie recover some day so all you beenie fans can jump for joy. Audi's net profit per unit has been averaging higher than BMW for several years. Stop with BMW fanboy stuff already and give Audi credit for being quite successful as has BMW. I assume you do not want to be considered in the same light as amazingidiot.