BMW: Breaking Daimler's Will

bmw breaking daimler s will

BMW and Daimler don’t really like each other. As Herr Baron Schmitt put it, “Daimler engineers view their colleagues as boorish Bavarian upstarts. BMW engineers think Daimler is a congregation of has-beens”. Bluntly speaking, there’s no love lost between them. Which makes the following news that much sweeter to the “Bavarian upstarts”. And which makes the has-beens gnash their teeth.

While Daimler reports a €2.6 billion loss and a no dividend for the year, BMW is announcing increased sales. The State (of South Carolina, where BMW has a plant) reports that BMW’s global sales have increased 14 percent. BMW said that it sold 91,758 BMW, Mini and Rolls-Royce vehicles during February 2010 compared to 80,474 in February 2009. “After a substantial increase in January, sales year-on-year were significantly higher as well in February,” said Ian Robertson, member of the Board of Management of BMW AG responsible for sales and marketing, “Last month we saw growth in Asia, in particular, but we also made gains in many markets in Europe, Africa and the Americas. In key sales markets such as the U.S., the automotive sector is also showing encouraging signs of a gradual recovery.”

Whilst BMW branded vehicles grew 16.3 percent in the United States, in China, they rocketed up 96.7 percent during the month of February. Bubble or not, BMW are delighted with that news. There was also good news for the UK export figures (which had been poor of recent) with global Mini sales growing 16 percent (YOY). Lastly, Rolls Royce branded cars were up 48.1 percent to 154 units (previous year 67 units). Given BMW’s size and the shrinking of the luxury car segment, BMW’s figures are impressive. Not that will come as much comfort to Daimler.

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  • BlackPope808 BlackPope808 on Mar 11, 2010

    For both BMW and Mercedes, and I have owned both, it sometimes can be a little hard too swallow when every time the car goes in for a problem it ends up costing you 4 digits. 40k mile check for 04 E320 Estate: $967.00 (then another $2000.00 when driver's side air suspension decided to quit on the way to a funeral, a week after the 40k check). 40k mile check for 04 LS430...$176.00 and the car as washed.

  • Stewart Dean Stewart Dean on Mar 15, 2010

    From long ago, I recall, IIRC, that the Beetle's rep for quality and bug-freeness was due to its introduction in the US long after it was mature product that had thrashed its problem out in Europe...when the Golf was introduced it was a problem-plagued as any other car...

  • Luke42 I like the Metris quite a bit, but I never bought one.Two problems kept me from pulling the trigger:[list=1][*]It was expensive for what it was.[/*][*]For the price they were asking, it needed to have a plug for me to buy it.[/*][/list=1]I wanted a minivan that could tow, and I test drove one and liked it. The Mercedes dealer stocked both cargo versions and conversion vans. It was a nice vehicle, and I really wanted one for a while.This is the inevitable fate of cars that I like, but don't actually buy.
  • Garrett I would have gone for one of these if it had AWD. If they had offered it, it could have done far better.
  • Michael500 Sorry, EV's are no good. How am I supposed to rev the motor to impress girls? (the sophisticated ones I like).
  • Michael500 Oh my dog- this is one of my favorite cars in human history! A neighbor had a '71 when I was a child and I stopped and gazed at that car every time it was parked outside its garage. Turquoise with a black vinyl. That high beltline looks awesome today!
  • ScarecrowRepair I'd love an electric car -- quiet, torque, drive train simplicity -- but only if the cost was less, if recharging was as fast as gas (5 minutes) and as ubiquitous. I can take a road trip and know that with a few posted exceptions (US 50 from Reno to Utah), I don't have to wonder where the next fuel station is, and if I do run out, I can lug a gallon of gas back.Sure I'd miss the engine sounds and the joys of shifting. But life is all about tradeoffs.
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