Mercedes & Audi Warn U.S. Dealers to Stop Exports

Friday, February 15, 2008 | 1 comments » Categories | , , | Bookmark and Share

No thanks to the weak dollar, the U.S. car market has become a very attractive market for overseas buyers looking to take advantage of the current exchange rates that favour several currencies including the Euro.

According to a report from Automotive News, Mercedes-Benz & Audi USA have discovered a significant number of cars designated for the U.S. ending up in the hands of overseas buyers. Neither company knows the exact number of exported vehicles –at least that’s what they support. While the two German luxury carmakers say that they won’t take immediate actions, they did warn their dealers that in doing this, they could be violating their franchise agreement.

Via: AN (sub. Req.)


1 comments

  1. Halldór // February 18, 2008  

    A fair few of these have ended up on Icelandic roads, as a matter of fact. We've had something of an economy boom over the last years, and those with money left over (and many others with big loans from the bank) have decided to import their dreamcars instead of buying from the local dealers. Admittedly some of the imports aren't available locally, but a whole lot of Audis (Q7s mainly), Mercs and BMWs have found their way up here. Kind of funny really that the companies are starting to react on these sales, it brings light to the strange world of product pricing in these times of globalisation.

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