Tuesday, April 21, 2009

Is This How You Conserve Cash And Attract Customers In A Down Economy?

According to Left Lane BMW is spending about $300 million to refurbish and expand its 338 United States showrooms. Most of the funding will be invested in dealers’ used car businesses in an effort to boost residual values. Left Lane reports BMW lost about $2 billion last year because vehicles sold for less than predicted when their leases ended.

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