[Jason]

BIMMERPOST NEWS

BMW US Sales Down 11 Percent in May

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BMW brand sales decrease 11.0 percent
MINI brand sales decrease 11.6 percent

Woodcliff Lake, NJ – June 1, 2017… Sales of BMW brand vehicles decreased 11.0 percent in May for a total of 25,818 compared to 29,017 vehicles sold in May 2016. Year-to-date, the BMW brand is down 3.6 percent in the U.S. on sales of 120,124 vehicles compared to 124,581 sold in the first five months of 2016.

Notable vehicle sales in May include the BMW 5 Series which increased 12.7 percent to 3,677 cars, the BMW X1 which increased 12.6 percent to 2,489 vehicles, and the BMW X3 which increased 21.7 percent to 4,011 vehicles.

“Our all-new BMW 5 Series is now showing its strength as availability increases and production begins to match demand,” said Bernhard Kuhnt, President and CEO, BMW of North America. “At the same time, demand for BMW Sports Activity Vehicles remains solid with the X1 and the X3 delivering the standout numbers for May”

BMW Group Sales
In total, the BMW Group in the U.S. (BMW and MINI combined) reported May sales of 29,878 vehicles, a decrease of 11.1 percent from the 33,612 vehicles sold in the same month a year ago. Year-to-date, BMW Group sales are down 4.8 percent on sales of 137,916 vehicles in the first five months of 2017 compared to 144,811 in the same period in 2016.

MINI Brand Sales
For May, MINI USA reported 4,060 automobiles sold, a decrease of 11.6 percent from the 4,595 sold in the same month a year ago. Year-to-date, MINI USA reported a total of 17,792 automobiles sold, a decrease of 12.1 percent from 20,230 automobiles sold in the first five months of 2016.






BMW Pre-Owned Vehicles
Sales of BMW Certified Pre-Owned set a May record with 12,698 vehicles, an increase of 18.9 percent from May 2016.
Total BMW Pre-Owned sales also set a May record with 20,245 vehicles, an increase of 15.7 percent from May 2016.
Total BMW Pre-Owned cars sold year-to-date were 101,036, a 24.2 percent increase from the first five months of 2016.

MINI Pre-Owned Vehicles
In May, MINI Certified Pre-Owned sold 1,005 vehicles, a decrease of 1.8 percent from May 2016.
Total MINI Pre-Owned sales were 2,676 vehicles in May 2017, an increase of 15.3 percent from May 2016.
Total MINI Pre-Owned sales year-to-date were 13,171 a 15.7 percent increase from the first five months of 2016.

[firedown31]

May 2016 decreased 6.4% from 2015 http://f80.bimmerpost.com/forums/sho....php?t=1268742, they dropped 11% this year over that drop! 16.4% drop from May 2015 to May 2017, that sucks. But no new news here, new sales have been dropping like a rock and pre-owned have been increasing.

[dan5.5]

That was easy to predict. Cancel MSD, lower residuals, and increase money factor. All those drove the lease prices up and sales dipped.

[BMWZ4]

Next few posts will be how BMW is missing the mark and this is my last BMW and I'm going Merc in my next car....blah blah blah....same comments every month.

[F32Fleet]

Industrywide softening of the market. Nothing new here.

[infamousq]

That's their fault. Two tears in a bucket!!!

[alex2364]

Their sales have dropped because they're killing their lease programs. It will continue to drop if that continues.

[BMWRL]

That new 7 series is really tanking.
I'll say it again, BMW needs help.

[Mantii]

Originally Posted by BMWZ4

Next few posts will be how BMW is missing the mark and this is my last BMW and I'm going Merc in my next car....blah blah blah....same comments every month.

I've had it! I'm going Merc next time

[Kief]

Originally Posted by BMWZ4

Next few posts will be how BMW is missing the mark and this is my last BMW and I'm going Merc in my next car....blah blah blah....same comments every month.

Same decreases every month...and I'm going to Audi
Maybe...

[NORAGRETS]

Probably because they're making cheaply constructed cars w BS warranties compared to other competitors

[Doctor///M]

Oh snap.

[punky8d]

If this continues, I think it's time to consider Koenigsegg Agera!

[ssuene93]

Im interested to see how BMW promotes lease program for coming months after the drop.

[NickyC]

Originally Posted by alex2364

Their sales have dropped because they're killing their lease programs. It will continue to drop if that continues.

They're smart and ahead of the curve. They know debt levels are massive, and a huge portion of car loans/leases don't even verify borrower income. Once easy money dries up, we're at another 2008 implosion. Can't wait.

This is only the start, auto market is prime to pop pop pop. Looking forward to picking up something nice in 12 months with cash, thanks to all the folks with fleases and eight year car loans riding in shit they can't afford!

[c63er]

Originally Posted by BMWZ4

Next few posts will be how BMW is missing the mark and this is my last BMW and I'm going Merc in my next car....blah blah blah....same comments every month.

Originally Posted by F32Fleet

Industrywide softening of the market. Nothing new here.

Are you sure about that? Mercedes USA is UP by 1% so far. And if you look at only April benz are also down but atleast not those drastic drops in their core model (in Bmws case the 3 series)

Probably has nothing to do with the product they are selling. No reason to place responsibility on the product. (Sarcasm)

The only reason they sold so many in the first place were ridiculous lease deals. Not based on the underlying product.

Amg is up massively. Again probably has nothing to do with improvements in the product. (Sarcasm again)

Wake up calls are good. Question is if they see it or are still walking around with blinders as many on the forum.

Their solution in so far for the past several years has been to simply reduce costs to keep profits high. Reduce costs by internal platform sharing and now external platform sharing with Toyota. Also reduce costs by homogenizing engines so every car has an engine derived from another car. No unique motors. Also reduce costs with local production in various markets etc. Chinese bmw for export in the future etc ..

Problem is eventually all these methods reduce your reputation, which is the very reason people buy Bmws in so many respects. Not a good long term plan as many have long learned.

But of course our resident scott will tell us we are all wrong and and benz is cheating because they sell vans and trucks. Everything is a ok. nice to know we aren't the only ones being lied to, they might be lying to themselves

[Germanauto]

What's going on with the i8? Only 18 units?

And I know the economy is slowing but jeez the new 7er has been a disappointment all around. It falls short inside and out and the struggling sales show for it.

[GMe90]

New cars are way too expensive, especially BMWs. Buy a used BMW, get the same driving machine and keep $20k in your pocket. Sounds like a no-brainer to me.

[F32Fleet]

Originally Posted by c63er

Are you sure about that? Mercedes USA is UP by 1% so far. And if you look at only April benz are also down but atleast not those drastic drops in their core model (in Bmws case the 3 series)

Probably has nothing to do with the product they are selling. No reason to place responsibility on the product. (Sarcasm)

The only reason they sold so many in the first place were ridiculous lease deals. Not based on the underlying product.

Amg is up massively. Again probably has nothing to do with improvements in the product. (Sarcasm again)

Wake up calls are good. Question is if they see it or are still walking around with blinders as many on the forum.

GM just announced another round of layoffs at one of their plants. They're cutting a shift. Also as other have said auto loan debt levels are very high.
There's going to be some difference between manufacturers, but for most if not all it'll be a down/mediocre year.

https://mises.org/blog/six-graphs-re...and-auto-loans

[Germanauto]

Originally Posted by GMe90

Buy a used BMW, get a much better driving machine and keep $20k in your pocket. Sounds like a no-brainer to me.

Fixed.

[NickyC]

Originally Posted by GMe90

New cars are way too expensive, especially BMWs. Buy a used BMW, get the same driving machine and keep $20k in your pocket. Sounds like a no-brainer to me.

Exactly, WAY too expensive. It's a sick joke really, all these drones with their fleases and eight car loans enjoying those easy loans while being debt slaves just so they can drive something shiny and pretend they're something they're not. ;D

[RPiM5]

So does this mean I can get a massive discount on a 7-Series right now? Lol! I'd pick a new G11 up tomorrow if i was stuck in my 4-Series lease for another 2 years.