BMW 5-Series sedan sold out in all markets
If you planned to buy a BMW 5-Series, but haven’t had the chance to place an order yet, then we have some very bad news for you. BMW has announced that the luxury sedan has sold out in all markets, forcing customers to wait three to four months for deliveries.
BMW’s plans to take on Mercedes, Audi, and Volkswagen in sales figures seems to be on its way to success. Ian Robertson, BMW’s sales chief, said BMW is sticking to its target of increasing vehicle sales by a high single-digit percentage. For example, in the second quarterBMW, Mini, and Rolls-Royce sales increased by 14% compared to the first quarter of this year.
On the US market, the BMW 5-Series went on sale this month with the 535i Sedan priced at $50,475 and the V-8 powered 550i at $60,575. The new 5-series shares as much as 70 percent of its technology with the top-of-the-line 7-series priced at $70,150.
Source: Automotive News