BMW of North America Inc. Chief Executive Tom Purves says his company will set new worldwide and North American volume records this year. Worldwide sales should hit 800,000 units, he says, including 185,000 in North America, up from 155,000 in 1999. The demand has left BMW severely supply constrained. “We have less than an eight-day supply of cars nationally,” he says. “Over 70% of cars on boats carrying BMWs here are pre-sold.” BMW has sliced delivery time from port to customer to 11 ...

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