The 2009 128i coupe now starts at $30,025, including an $825 destination charge - a $600 rise over the current model. On the upper end of the scale, the 2009 M6 convertible starts at $108,325, including an $825 destination charge, which represents an increase of $1,370 over the comparable 2008 model.
The 2009 X5 xDrive30i starts at $47,925, including an $825 destination charge, and the facelifted 2009 328i sedan (pictured) starts at $34,225, including its $825 destination charge.
"The significant structural and economic changes in the marketplace are prompting all automakers to further refine actions to respond to these pressures," Jim O'Donnell, president of BMW of North America, said in a statement. "At BMW, we're responding with a number of internal efficiency improvements to offset our increased costs so that we can keep this price increase modest."
Despite the negative outlook and a sales drop of 8% in the first seven months of the year, BMW is still focused on investing in the U.S. and has confirmed that it will spend more than $750 million on upgrading its Spartanburg plant in South Carolina. This is likely to accommodate production of the next-generation X3 as well as increased capacity for the current X5 and X6 SUVs.
Reader Comments
Sat Nov 15 2008 6:30 PM
Bodeswest says
In these times BMW is looking for an increase on "supposed" pricing increases on raw materials? HUH?!! R you kidding?
1) metals are coming down in price - the whole world knows that. The auto industry can say what it collectively thinks the public will buy, but they're in for a surprise!! Bye bye new car sales
2) No one will pay an increase on already existing inventory. Do they think we're nuts? Those CEO's need to have their gray matter defragged. Fools!
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