Wednesday, January 29, 2020

BMW and Cars Sold Story

There's an interesting business report over at N-TV (German commercial news) that I would recommend. 

The hype?  BMW of Germany is expecting a downward turn on sales for 2020.  Chief reason?  BREXIT.

For 2019, there were roughly 235,000 BMWs sold in the UK....around 2-percent fewer than in 2018, and because of the way BREXIT  is going....the expectation is expected to be 2-percent or more for 2020.

The up-side?  Well....BMW seems to have high hopes that a trade agreement will be worked out by the EU and the UK by the end of 2020.  A mission for Chancellor Merkel?  You would think that this might be mission number one for all of 2020, and listed as the top priority of the Merkel cabinet.  For the EU?  Much less so. 

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