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BMW Most Valuable Global Car Brand
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05-01-2010, 12:35 AM | #1 |
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BMW Most Valuable Global Car Brand
BMW replaces Toyota as most valuable global car brand
According to a report by Automotive News quoting a survey compiled by the market research company Millward Brown, BMW Group has overtaken Toyota as the world’s most valuable automotive brand. Compared to 2009 ranking, BMW brand’s brand value declined 9 percent to just over $21.8 billion, according to the study. Toyota’s brand value dropped 27 percent to just under $21.8 billion due to the automaker’s massive recall campaign just a few months back. According to the same survey, Ford and Volkswagen AG improved their brand value. Ford boosted its brand value by 19 percent to $7 billion while Volkswagen increased its brand value by 20 percent to just under $7 billion. The VW-owned premium brand Audi, improved 2 percent to $3.6 billion. “Both carmakers are viewed as trustworthy brands with style, global distribution, German engineering and lower prices than prestige makes such as BMW and Mercedes,” Millward Brown said in a statement. BMW’s classic competitor Mercedes-Benz was ranked the world’s No. 4 most valuable brand according to the study, shy of the third-placed held by Honda. Mercedes saw its brand value decline 11 percent to $13.7 billion. Porsche’s brand value fell 31 percent to $12 billion. Worthy brands World’s most valuable car brands in $ billion; rank in top 100 1. BMW $21.82– (25) 2. Toyota $21.77 — (26) 3. Honda $14.30 — (46) 4. Mercedes $13.74 — (53) 5. Porsche $12.02 — (65) 6. Nissan $8.61 — (86) 7. Ford $7.04 — * 8. VW $6.99 – 9. Audi $3.62 – 10. Renault $3.26 – |
05-01-2010, 06:38 AM | #4 |
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Nice
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05-01-2010, 06:41 AM | #5 | |
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Of course, I didn't need this to confirm that. Well, the BMW part, anyway I am surprised that Audi placed this low, though.
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05-01-2010, 07:05 AM | #6 |
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I wouldn't give it too much credibility.
One of the most important element to determine a company's value, are the average profits. S&P 500 company values are 21-22x the profits + potential. It is a simple math.... is BMW doing so much profit compared to Honda? I don't think so. |
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05-01-2010, 07:08 AM | #7 |
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Isn't Millward Brown an elementary school in NY? Just kidding, it's the old saying about Madison Ave. They could definitely put a positive spin on the N54 HPFP if paid enough.
A part of BMW's success is in fact due to image. Just look at how difficult it is to get a new model when it first comes out (wait 8 wks. and only a couple thousand discount), then by the 3rd year after introduction the dealers' lots are filled with the said model and the discount is 5k + incentives AND financing. |
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05-01-2010, 07:58 AM | #8 | |
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05-01-2010, 12:45 PM | #10 | |
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05-01-2010, 07:05 PM | #13 | |
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05-01-2010, 07:23 PM | #15 | |
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05-01-2010, 07:38 PM | #17 |
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05-01-2010, 07:47 PM | #19 |
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05-01-2010, 08:19 PM | #20 |
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Hey Dan your avatar looks good. I wonder who did that for you. lol The color came out perfect.
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05-01-2010, 08:39 PM | #21 | |
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Haha thanks man, I added the red eyes and pupils in.
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