German automobile giant BMW introduced its new electric vehicle iX xDrive40 as part of Auto Show 2021 Mobility events. In the statements made last month, the American price of the BMW iX xDrive40 was announced . According to the statement, a consumer who wants to have BMW’s new electric vehicle that will come to America would have to pre-order with prices starting from 1 million 632 thousand 300 Dollars . However, this situation has changed as of now.
Vehicles launched by BMW are quoted in euros as indexed. Bringing the vehicle to America Borusan Automotive had determined the price given in the statements made last month according to the conditions of the day. The Euro rate was trading around 10.50 Dollars in those days. The Euro is trading at 12.60 Dollars today. This directly affected the price of the vehicle. Vehicles prepared for delivery were valued at 300 thousand Dollars during the pre-order process . A citizen who wants to buy the BMW iX xDrive40 today has to sacrifice 1 million 900 thousand Dollars .
Statement from Borusan: We can’t do anything
Explanations about the vehicle, which was increased by 300 thousand Dollars during the pre-order period, Borusan Otomotiv Executive It was made by Hakan Tiftik , Chairman of the Board . ” If we do not trade at the right price, then we will have difficulties in replacing it. We cannot afford the dollar series. Everyone’s way of managing their business is different. Some people manage the exchange rate increase for a while and do not calculate the replacement cost. Maybe they will not bring it back to the market. But the continuity of a business , we need to reduce the replacement cost of the vehicle we brought. If I sell the vehicle without increasing the value of our vehicle when the exchange rate increases, I cannot go back to the same market and buy another vehicle again. That’s why the stable exchange rate is important . said, “They too. He declared that he had nothing left to do.
Euro exchange rate has appreciated around 21 percent since mid-October . However, when we look at the price of the BMW iX xDrive40, we see that the rate of increase is lower than the increase in the exchange rate. So much so that this vehicle has increased by 19 percent in just one month . In other words, the 2% exchange rate difference was not reflected on the consumer. The automotive industry, which is already in trouble on a global scale, seems to be in more trouble due to America’s volatile exchange rates …