BMW Group U.S. Reports June 2017 Sales

[Unknown_Car]

Originally Posted by Agni

Meanwhile Tesla just announced a 53% increase in sales (22,000 total) compared to last year's Q2. With an average selling price that is well above $100k.

RIP BMW, Tesla is about to wipe the floor for luxury cars, esp with Model 3.

Not even close to the average price of 100k they sell. You are a kid, and I can say that by your comment. Tesla is crap in my opinion and most people that i know. You can't travel with it and there is nothing special about it. It looks as every other American car.

[mikeriley]

Originally Posted by Roma_335i

Not even close to the average price of 100k they sell. You are a kid, and I can say that by your comment. Tesla is crap in my opinion and most people that i know. You can't travel with it and there is nothing special about it. It looks as every other American car.

Wow. 7 series now down 55 percent. Last month down 50. And new A8 coming out and refreshed S class.

[raysspl]

If BMW continues to step up their electrification of its cars, you'll see the sales rise up, without a doubt.

Tesla fanboys or not, the people are voting with their $

[E90M3JETS]

Wow i8 is dead already...

[rainfall]

I don't know what BMW did to turnaround Cooper 2 door coupe and convertible. Nice to see that Americans are getting small cars again.

I hope the 1 series comes to the US some day.

[Mr.SugarSkulls]

Originally Posted by Twitch Massacre

How's that? Considering i8 production has ramped down by nearly half in anticipation of the Roadster seems like the expected numbers.

Shhhhhh...let the masses say they're failing.

I'm haggling on a frozen black i8 to get back into the club. The more desperate they get, the better for me!

[BMWZ4]

Not just bmw off their targets...

https://www.reuters.com/article/us-a...-idUSKBN19O1PJ

On any given month Jason posts bmw sales info, there are those that will inevitably suggest it's because there are no incentives on bmw's etc...but this article would suggest even with incentives, consumers aren't buying new i.e. "...despite hefty consumer discounts and looser loan terms..."...and further suggests that it's the used/nearly new market is the competition.

[mookie45]

They need to step on the gas with 3 series sales!

[KGB_123_99]

Originally Posted by Roma_335i

Not even close to the average price of 100k they sell. You are a kid, and I can say that by your comment. Tesla is crap in my opinion and most people that i know. You can't travel with it and there is nothing special about it. It looks as every other American car.

You are right, and the interior quality is not up to par by luxury car standards. It just does not feel luxurious.

But Tesla is ridiculously quick, you have to give it that. At the 1/4 mile and around town it will beat any M car no problem. And that counts for something...

So if you want a nice all around car, get a BMW. If you want a fast car, get a Tesla.

[AndreyATC]

Originally Posted by Roma_335i

Not even close to the average price of 100k they sell. You are a kid, and I can say that by your comment. Tesla is crap in my opinion and most people that i know. You can't travel with it and there is nothing special about it. It looks as every other American car.

There is something appealing about Tesla that so many people buy them.
CR had it as the best car and only few make it on that list.
Ever wondered what the conversion rate of drivers switching to Tesla vs from Tesla?
I know quite a few.
Have you seen sale numbers on the luxury car market?
Noticed a pattern?

It doesn't have the best quality interior wise, but it's definitely decent.

For a 10-year-old start up company I think they've done really well
It only gets better. And it gets better pretty fast.
There's a huge difference between 2013 and 2015 cars

[R N M]

Whatever people say about Tesla - they have a cool factor and brand image with young buyers and techies that BMW or other established brands cant touch.

You have to give Tesla credit for making unique cars that you cant get from anywhere else and semi-autonomous driving that is leading the industry.

[BMWZ4]

Interesting article...

https://seekingalpha.com/article/408...rly-overpriced

[NickyC]

Average auto loan duration is nearly 70 months now (lmao). Keep pumping up these grossly overpriced autos with easy money loans. I'm sure it's all going to end swimmingly.

http://www.marketwatch.com/story/car...les-2017-07-03

Still keeping that powder dry to pay cash for something really nice in a year or two. You can keep your loans and your fleases.

http://www.zerohedge.com/news/2017-0...ng-carmageddon

[BMWZ4]

Originally Posted by NickyC

Average auto loan duration is nearly 70 months now (lmao). Keep pumping up these grossly overpriced autos with easy money loans. I'm sure it's all going to end swimmingly.

http://www.marketwatch.com/story/car...les-2017-07-03

Still keeping that powder dry to pay cash for something really nice in a year or two. You can keep your loans and your fleases.

http://www.zerohedge.com/news/2017-0...ng-carmageddon

Absolutely crazy. Decades ago, my dad said to me that if your finance or lease deal is over 48 months, and the monthly is not within your budget, you can't afford the car.

70 months (average)....wow.

EDIT: Agree with "keep your loans and fleases"...I've been paying cash for my cars for sometime now...

[GrussGott]

Originally Posted by BMWZ4

They won't and not just BMW. they won't be "wiping" the floor of any car maker....AT LEAST until such time that the battery cars can get serious mileage...like north of 400 miles followed by the ability to super charge within 5 mins.

I ain't standing at a charge pump for 15 mins waiting for my car to "fill up".

Just like nobody worries about rewinding their spotify play list, the "fill up" concept will be an anachronism, e.g., your iPhone: charges at night or at work when it's not being used.

Most cars don't do more than 100 miles / day and sit idle 90% of the time, so re-charging won't be a barrier to wide-spread use - it's already good enough and sales number show that at least for the Tesla buying segment. Further, lower maintenance costs (no oil changes, exhaust, etc etc) will make economy EVs the low cost choice ... which is what's needed to proliferate EV chargers everywhere.

The challenge is high-volume production of batteries and cars, and the recycling and disposal of them - right now there's no lifecycle system in place to manage that. Even if every combustion engine buyer wanted an EV today, only a small percentage could get them.

[aozer]

Originally Posted by CalCarNut

2 sales are a surprise at being so low. What gives there?

the market for small luxury sport coupes is pretty small. the people interested in small sports coupes are usually younger and dont necessarily have the disposable income to spend 40k plus on a well optioned 2er.

hopefully this doesnt mean bmw will drop the 2 anytime soon. it is the only cool car in BMW lineup IMO for people who dont want or cant afford an M car.

[supra93]

Sales for light vehicles in the United States have dipped by 2.9 per cent in June on the back of five previous months of sales decline across the industry.

Perhaps most telling is that, last month, new car sales declined by 14 per cent despite rising incentives as automakers tried to off-load inventories. By comparison, deliveries of trucks remain strong, rising by 4.2 per cent compared to the same month last year.

Interestingly, Automotive News notes that Toyota, Nissan and Honda recorded increased sales in June, while Ford, General Motors and Fiat Chrysler Automobiles suffered sales declines of 5.1, 4.7 and 7 per cent respectively.

Discussing the drop, Edmunds analyst Jessica Caldwell said: “While six straight months of sales declines sounds troubling, June is sandwiched between two major holiday sales events, which makes it a bit of a gloomy month historically.”

Even so, the figures definitely show a trend for light-vehicles, especially considering that incentives actually rose by 9.7 per cent in June, to $3,550.

On the back of these results, the seasonally adjusted sales rate now sits at 16.54 million, almost 1 million less than the 17.55 million vehicles sold in the U.S. last year.

http://www.carscoops.com/2017/07/us-...ecline-in.html

[Agni]

Originally Posted by BMWZ4

Interesting article...

https://seekingalpha.com/article/408...rly-overpriced

I bought the stock when it was $165 before model 3 official announce and sold all at $325. I would NOT buy it right now but it has worked out well for me financially. Everyone said Tesla was overpriced at $165 and that it was going to go out of business, but I knew their products will be a success. Elon knows what he is doing. Even he admits the stock price right now is overpriced.

Don't care about buying the stock anymore, I'm using the money I made from TSLA to buy a Tesla. I've only owned BMWs for the past 15years, this will be my first non BMW. Lets see, right now im bored of BMW and whats in the pipeline. Tesla is the only exciting car company.

[BMWZ4]

Originally Posted by Agni

I bought the stock when it was $165 before model 3 official announce and sold all at $325. I would NOT buy it right now but it has worked out well for me financially. Everyone said Tesla was overpriced at $165 and that it was going to go out of business, but I knew their products will be a success. Elon knows what he is doing. Even he admits the stock price right now is overpriced.

Don't care about buying the stock anymore, I'm using the money I made from TSLA to buy a Tesla. I've only owned BMWs for the past 15years, this will be my first non BMW. Lets see, right now im bored of BMW and whats in the pipeline. Tesla is the only exciting car company.

Good for you. Certainly respect the opinion and choices

[amw896]

Originally Posted by cavm335i

argh, I really wanted the FWD X1 to fail. who buys that???

People who want the blue and white logo

[amw896]

Originally Posted by NickyC

Average auto loan duration is nearly 70 months now (lmao). Keep pumping up these grossly overpriced autos with easy money loans. I'm sure it's all going to end swimmingly.

http://www.marketwatch.com/story/car...les-2017-07-03

Still keeping that powder dry to pay cash for something really nice in a year or two. You can keep your loans and your fleases.

http://www.zerohedge.com/news/2017-0...ng-carmageddon

Don't worry, all advanced economies are finally becoming serious about monetary tightening. It'll take the easy money heroes out of the market right quick. Grab a bag of popcorn, unless of course your debt ratios are cray. Then lube up and bend over.

[mkoesel]

Originally Posted by cavm335i

argh, I really wanted the FWD X1 to fail. who buys that???

The same people that buy the dozens of other SUVs that are built on a FWD chassis, use Haldex AWD, and have transversely mounted engines.

The reality is that, like those SUVs, the FWD X1 accounts for only a small percentage of sales. Most people buy the AWD model. Furthermore most SUV buyers don't care which way their engine faces nor what type of AWD system they have.

So no, the X1 won't fail, just as the Q3 and GLA didn't fail. Nor will any other SUV, small or large, luxury or not, fail simply because of the chassis type. In fact it appears that the only thing that could make an SUV fail would be to make mistake of not giving it an unnecessarily high ride height, not branding it as tough and adventurous, and then calling it a wagon. As an automaker, if you do that, you will sell approximately 1/100th as many units as you could have.