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Well I'm not the CFO of BMW...... but I do make my living advising CFO's.
I would highly question why a CFO would allow that much in capital assets and working capital to sit idle in a port just to satisfy some marketing’s guys plan. The plant and working capital should have been used to build car I could sell the next day.
Also if I was a dealer I would be a little grumpy about showing my banker inventory in august (you BMW Corp. is going to want to book the sale in August)not being able to book my dealer sale until September.
.... Ever been at a dealer near months end?
So what I’m I missing?
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