BMW raising prices of X5, X6 models in China to cope with tariffs
Today, BMW said it will raise the prices of the X5 and X6 models made for China to cope with the additional cost of tariffs on U.S. car import. BMW said in a statement to Reuters…
BMW China
BMW Group is expanding its footprint in China with the help of Brilliance Automotive
In the presence of China’s Prime Minister Li Keqiang and Germany’s Chancellor Angela Merkel,  BMW and its partner Brilliance Automotive signed a long-term framework agreement to further expand their joint venture BMW Brilliance Automotive (BBA)….
BMW considers price hikes in China for U.S.-made models
The proposed Chinese 25 percent tariff on imported U.S.-made models could force the German automaker to raise prices on its SUVs built in Spartanburg, South Carolina. BMW said in a statement it is “currently calculating related…
China slashes auto import tariffs in boost to BMW
China will cut import tariffs for automobiles and car parts, opening up greater access to the world’s largest auto market. Import tariffs will be cut to 15 percent from 25 percent for most vehicles from…
BMW Officially Opens R&D Center for Local Innovation in Beijing
Discussions about MINI production in China are “going well”, says BMW
BMW is discussions with Great Wall for a joint venture to build electric MINIs in China, in addition to production of MINI’s first full-electric car due to come off the line next year at its…
BMW to install 80,000 public charging poles in China
BMW has committed to further expanding its charging networks in the world’s largest auto market 0 China. By the end of this year, BMW plans to install more than 80,000 public charging poles in more…
BMW Group declined offer from Mercedes investor Li Shufu
Before Li Shufu rose to become the largest single shareholder at Mercedes-Benz through the acquisition of almost 10 percent of Daimler’s shares, the billionaire was apparently also in talks with the BMW Group. As…
BMW considers Chinese joint venture with Great Wall
BMW is reported to be considering a manufacturing joint venture with China’s Great Wall. Quoting an BMW executive, Reuters reports that the new plant would be opened in the city of Changshu. However, it remains unclear how far…
BMW profit up 13%, helped by China sales
BMW Group said Thursday its earnings and sales rose in the second quarter, helped by demand in China. Net profit after minorities in the April-through-June period was 2.19 billion euros ($2.59 billion), up 13% from…
BMW: China EV quotas will be tough for premium brands
Over the last few years, China has been cracking down on combustion engines, citing air pollution as the main reason. To reduce the CO2 footprint, the Chinese government have imposed strict rules on automakers who…
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