BMW Price Increase

BMW made it official today, after we told you about it "unofficially" last week. As expected, the German automaker is raising prices across its model range an average of 2.1 percent for the 2009 model year due to "...significant structural and economic changes in the marketplace." Regardless, ...

Most would argue that BMWs already flirt with being overpriced, though Munich would argue with you. The dollar's drop has hurt BMW's ability to earn a margin on each vehicle it sells in the United States, so prices will be bumped by one-percent beginning in June. BMW has taken a 17-percent whack in ...