BMW China

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BMW agrees to pay $820-M subsidies to China dealers

BMW has agreed to pay 5.1 billion yuan ($820 million) to China auto dealers who pressured BMW to share the cost of overstocked showrooms in the world’s largest car market. BMW declined to provide details…

China dealers ask BMW to reduce sales targets

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BMW CEO Says Chinese Auto Boom is Ending

During the quarterly conference call, BMW CEO Norbert Reithofer said that Chinese booming car market is slowing down as it becomes more mature. “The general market development in China is normalizing,” said Norbert Reithofer during…

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BMW will make three additional car models in China

BMW says three additional car models will be built in China, including a new compact. BMW confirmed plans to expand the capacity of its two manufacturing plants in China. “We are strengthening our focus on…

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BMW Sees China as Biggest Electric Car Market by 2019

BMW predicts China will become the world’s largest market for electric vehicles aided by the Chinese government’s investments in charging infrastructure and greener cars. Karsten Engel, Head of BMW China, says that by 2019, the…

BMW China Car Sales Surged 41% In June

BMW continues its sales growth in China. In June 2011, BMW said that sales in China rose 41 percent, or 21, 158 vehicles. BMW also said the company sold 121,614 cars in China in the…

BMW Group expands its activities in China

The BMW Group is planning further expansion of its activities in China in the future. “BMW Group vehicles are very popular in China. We anticipate that this growth will continue in the future. Therefore, together…

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BMW Group aims to build X1 also in China

The BMW Group will also produce its X1 Sports Activity Vehicle in China in the future. “The BMW X1 could be one of the first products for our new plant in Tiexi in the Shenyang…