02-09-2020, 10:13 PM | #1 |
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BMW Missing Major Intl Auto Shows
2nd yr in a row for Chicago but also missing Paris this year...Frankfurt cancelled for all, hmm are things slowing ww?
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02-09-2020, 10:25 PM | #2 |
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BMW is investing heavily in the electric tech and I heard that their OPEX has been super high lately.
Their stock is also down like two times from the peak in 2015. Maybe they are just trying to keep the costs down to show some profit to their board... |
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02-09-2020, 10:44 PM | #3 |
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It's odd Frankfurt is cancelled completely...another sign ww economy slowing
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02-10-2020, 12:16 PM | #4 |
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hard to say, many manufacturers are pulling out of the previous every show routine. In Detroit we lost a lot of them but slowly coming back. Many manufacturers do their own launches as well sort of like Apple which no longer does MacWorld or CES but rather their own release events. I think it is bang for their buck, the huge cost of doing the shows, prepping cars, fixing them afterwards and selling them not to mention transportation and staffing. Auto shows just are not what they used to be and everyone is looking to save money.
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02-10-2020, 05:17 PM | #5 | |
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Quote:
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