Our BMW Dealer in Chicago, Patrick BMW, is pleased with the fourth quarter reports for BMW’s earnings that were released earlier this month.  The carmaker more than doubled its operating cash flow and the year-end net auto cash was significantly higher than it had been at the start of the quarter. Our used BMW dealer, Chicago’s leading BMW dealership for new and used cars, say the earnings show that customers are happy with the direction the brand has taken in the last few years.  Over the years, BMW has repeatedly produced sleek looking cars with classy angles and killer engines.  In addition, the cars are extremely well made and, most importantly, have safety as their number one motivator.

Patrick BMW dealer in Chicago credits BMW’s recent success to the soon to be on lots new 5-Series, including the recently released 5-Series GT and X1.  Financially, this means a large increase in group earnings.  The dealership hopes to see these new models on the lot within the next few weeks and is certain the new series will only lead to more financial success for the carmaker.  Currently, Patrick is quickly earning a reputation as being the best used BMW dealer in Chicago to visit.  Their wide inventory and great prices encourage repeat customers.

BMW hopes to continue to ride this wave of success with goals of a low, single digit EBIT margin for the financial year of 2010.  The company is also targeting “solid, single digit” growth in unit volume to greater than 1.3m units.  All in all, the future is looking bright for BMW and our BMW dealer in Chicago, Patrick BMW.