To the extent that historical press releases reference BMW Manufacturing Co., LLC as the manufacturer of certain X model vehicles, the referenced vehicles are manufactured in South Carolina with a combination of U.S. origin and imported parts and components.
PressClub USA · Article.
BMW "BEST BRAND" IN KELLEY BLUE BOOK "2006 BEST RESALE VALUE AWARDS"
Wed Oct 05 01:45:00 CEST 2005 Press Release
Woodcliff Lake, NJ - October 5, 2005... BMW was named "Best Brand" in Kelley Blue Book "2006 Best Resale Value Awards." The BMW brand shared the top spot with another BMW Group brand, MINI. The 2006 5 Series was also named as an Overall Top 10 leader in projected resale value.
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BMW Group
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Author.
Thomas Plucinsky
BMW Group
5 Series was also named as an Overall Top 10 leaders in projected resale value.
Woodcliff Lake, NJ - October 5, 2005... BMW was named "Best Brand" in Kelley
Blue Book "2006 Best Resale Value Awards." The BMW brand shared the top spot
with another BMW Group brand, MINI. The 2006 5 Series was also named as an
Overall Top 10 leader in projected resale value.
"These days there's a great deal of talk in the industry about designing
'aspirational cars,' cars people really want to own, and BMW has done that with
the 5 Series," said Jack R. Nerad, editorial director and executive market
analyst for Kelley Blue Book. "Its traditional stellar performance on the
resale market is no surprise, because, in a very crowded luxury sedan market,
this is a car everybody wants."
"We are very pleased to receive this recognition from Kelley Blue Book for both
the BMW and MINI brands," noted Tom Purves, Chairman and CEO of BMW of North
America, LLC. "We are very committed to offering our owners outstanding value.
This includes not only performance, safety and luxury but low cost of ownership
as well. The 5 Series is a prime example of that commitment. We see strong
resale value as an important gauge of our efforts."
Kelley Blue Book's resale values are projections based on current vehicle data,
market conditions for each vehicle, competition in segment, expectations of the
future economy and the combined experience of Kelley Blue Book's team of market
and pricing analysts. Values reflect projected future wholesale pricing for
clean, reconditioned vehicles at the end of a five-year lease period.
BMW Group In America
BMW of North America, LLC has been present in the United States since 1975.
ROLLS-ROYCE Motor Cars NA, LLC began distributing vehicles in 2003. The BMW
Group in the United States has grown to include marketing, sales, and financial
service organizations for the BMW brand, the MINI brand, and the ROLLS-ROYCE
brand of Motor Cars; DesignworksUSA, an industrial design firm in California; a
technology office in Silicon Valley and various other operations throughout the
country. BMW Manufacturing Co., LLC in South Carolina is part of BMW Group's
global manufacturing network and is the exclusive manufacturing plant for all
Z4 Roadster and X5 Sports Activity Vehicles. The BMW Group sales organization
is represented in the U.S. through networks of 340 BMW passenger car centers,
327 BMW Sports Activity Vehicle centers, 148 BMW motorcycle retailers, 80 MINI
passenger car dealers, and 25 ROLLS-ROYCE Motor Car dealers. BMW (US) Holding
Corp., the BMW Group's sales headquarters for North, Central and South America,
is located in Woodcliff Lake, New Jersey.
Information about BMW Group products is available to consumers via the Internet
at:
www.bmwgroupna.com
www.bmwusa.com
www.bmwmotorradusa.com
www.miniusa.com
www.rolls-roycemotorcars.com
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Journalist note: Information about the BMW Group and its products is available
to journalists on-line at the BMW Group PressClub at the following address:
www.press.bmwgroup.com.
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