Tom Purves presentation from Spartanburg

Sections: Official News Apr 18th, 2008

We were able to obtain the presentation Mr. Purves gave recently at Spartanburg so we thought we would just summarize it and allow you to read it if you so desired. He makes some interesting points. Also at this event, another speaker discussed BMW and the credit crunch. Some interesting things were said and we will bring that to you at a later date.

Mr. Purves indicated the following:

Sales have increased 450% since 1991

BMW trails only Lexus in the premium segment in terms of sales

Within the luxury performance segment BMW’s share has increased

Forecasts indicate increases in the premium segment worldwide

The $100k income group is the fastest growing

The 20-29 and 50-59 age groups are the fastest growing

BMW has the largest fuel efficiency increase of any manufacturer

Even with increases in weight the fuel economy and performance of BMW cars has increased

See the entire presentation with all of the charts/graphs and picures here

Written By: Michael

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