No new BMW car sold in 2007 | The Daily Star
12:00 AM, January 29, 2008 / LAST MODIFIED: 12:00 AM, January 29, 2008

No new BMW car sold in 2007

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Not a single new BMW car was sold in Bangladesh in 2007 as the country's luxury car market collapsed in the face of the government's anti-corruption drive, officials at the sole distributor of the prestigious German brand said.
Executive Motors Ltd, BMW's local distributor, started to sell the vehicles in Bangladesh in 2003. The distributor sold 300 cars till December 2006. But with buyers frightened to show their wealth or be asked about income sources, the pool of potential customers has been reduced to zero.
“We delivered 300 different BMW cars till December 2006 to the local customers. But in 2007, we had no business,” said a high official of the Executive Motors adding that “no BMW was sold last year.”

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