Quote:
Originally Posted by RingMeister01
This occurrence isn't isolated to the M5. 3 German luxury marques are experiencing this overload of inventory. Europe's economy is basically sinking deeper and deeper into the recession and as a result automakers are left with a surplus of inventory. As a solution the bosses decided to ship these cars to the U.S. for any chance of being sold. To satisfy shareholders these cars shipped to the U.S. are marked as sold, although they just sit on dealer lots. Though we are suffering economic hardship, Europe is f'in terrible.
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This is a very good point. There were stories that BMW was diverting production from European to US cars. I wonder whether BMW is subsidizing these discounts to help dealers move inventory.