[rmorin49]

Here's my take:

I bought some BMW stock about 4 months ago. It is worth half what I paid for it. That said, BMW is much better shape that the US Big Three. They essentially manage inventory by producing only what they can sell. When sales begin to decline, they slow down the manufacturing. They recently laid off a bunch of temporary and part time workers. In the long run, they will do fine but the next 18-24 months are going to be tough for all auto manufacturers.