BMW Increases Pricing for 2009 Models by 2.1 Percent
WOODCLIFF LAKE, NJ – BMW of North
America, LLC has announced a price increase of 2.1 percent on average across
its model range of 2009 BMW brand vehicles. The price adjustment is driven
mainly by continually rising raw materials costs and ongoing exchange rate.
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.”
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.