I really like this company. Miele still manufactures every component, control and housing in Germany. Because they have such a tight rein on production and do have the best quality control, Miele has developed a cult following amongst its customers.
However, certain problems have developed for this company, which are beyond their control. The Euro has increase versus the dollar. This has inflated their price to the consumer. They have also been adversely affected by the shift away from super premium products in general.
They have also been affected by a factor within their control...Have a look at Whirlpool, LG, GE, Maytag and Frigidaire to understand.
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