BMW Announces 2009 Model Year Pricing
Woodcliff Lake, NJ - August 25, 2008...BMW of North America, LLC today announced a price increase of 2.1 percent on average across its model range of 2009 BMW brand vehicles. The modest price adjustment is driven mainly by continually rising raw materials costs and ongoing exchange rate pressure.
"The significant structural and economic changes in the marketplace are prompting all automakers to further refine actions to respond to these pressures," said Jim O'Donnell, President of BMW of North America, LLC. "At BMW, we're responding with a number of internal efficiency improvements to offset our increased costs so that we can keep this price increase modest."
Model year 2009 vehicles are due to arrive at dealerships in October. Minor price adjustments will also be made to selected options/packages. There is no 2009 pricing on Z4 Roadsters and Coupes as production concludes at the end of the 2008 model year.
BMW Group In America
BMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA, LLC began distributing vehicles in 2003. The BMW Group in the United States has grown to include marketing, sales, and financial service organizations for the BMW brand of motor vehicles, including motorcycles, the MINI brand, and the Rolls-Royce brand of Motor Cars; DesignworksUSA, an industrial design firm in California; a technology office in Silicon Valley and various other operations throughout the country. BMW Manufacturing Co., LLC in South Carolina is part of BMW Group's global manufacturing network and is the exclusive manufacturing plant for all Z4 models, X5 Sports Activity Vehicles and X6 Sports Activity Coupes. The BMW Group sales organization is represented in the U.S. through networks of 338 BMW passenger car centers, 335 BMW Sports Activity Vehicle centers, 142 BMW motorcycle retailers, 82 MINI passenger car dealers, and 30 Rolls-Royce Motor Car dealers. BMW (US) Holding Corp., the BMW Group's sales headquarters for North, Central and South America, is located in Woodcliff Lake, New Jersey.
Information about BMW Group products is available to consumers via the Internet at:
www.bmwgroupna.com
www.bmwusa.com
www.bmwmotorcycles.com
www.miniusa.com
www.rolls-roycemotorcars.com
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