BMW Shifts Tens of Thousands of Europe-Bound Cars to the US and China
With Europe’s car industry expected to suffer its biggest annual sales drop in the last 19 years, in 2012, it’s no small wonder that BMW is being careful about things. Also, since global sales increased by 14% in September, deliveries have been boosted by 8.6%, reaching a total of 1.11-million units.
The Chinese market has slowed down this year, after experiencing an actual boom, until late in 2011. If the situation in Europe doesn`t improve sooner rather than later, BMW may have to step in to help ailing dealers which may be out of business if things keep going the way they are now. In Spain, for instance, they’re already talking about restructuring, and making ‘some very difficult decisions’.