View Single Post
      05-07-2020, 10:11 AM   #9
*bimmervibe
Private
*bimmervibe's Avatar
United_States
44
Rep
76
Posts

Drives: 228i xdrive M Sport
Join Date: Oct 2018
Location: Boston

iTrader: (0)

Quote:
Originally Posted by cfm56d7b View Post
I think a petition to reinstate ED program is a good idea. At least BMW will get additional data points about its popularity.

From BMW quarterly earning report released on May 6, 2020 (fresh off the press):

https://www.forbes.com/sites/neilwin.../#1b5c9e81468c

"In March, BMW said it expected profits to maybe halve in 2020, as the impact of the coronavirus hits sales, economies and consumer confidence, with the automotive EBIT profit dropping to between 2% and 4%."

"The highest negative impact is expected in the second quarter of 2020".

In the view of 50% reduction in 2020 profits, it's unlikely BMW will reinstate ED program any time soon.
Thank you for sharing this, very good point!