BMW adapting to big changes in China
In an interview for Automotive News, BMW sales boss Ian Robertson talks about the market changes around the globe. While showing double digits growth in the last few years, the Chinese market has slowed down…
BMW China
BMW cutting production and prices in China, 1 Series Sedan planned
At the 2015 Shanghai Motor Show, BMW has announced a price reduction for the Chinese car market, along with production cuts, a sign that luxury demand in the world’s largest auto market is softening. In…
Chinese dealerships looking for more financial support from BMW
In a letter sent by Chinese dealerships to BMW earlier this week and reviewed by The Wall Street Journal, dealers pressed BMW to set more realistic sales targets, lower wholesale prices and extend grace periods…
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…
Chinese dealers and BMW haven’t reached an agreement over 2015 sales targets
China dealers ask BMW to reduce sales targets
Just a few months, we reported that the Chinese premium automotive sales are starting to slow down. Today, Wall Street Journal reports that some of BMW AG ’s dealers in China are asking the Bavarians…
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…
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…
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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