China dealers ask BMW to reduce sales targets
Wall Street Journal reports that some of BMW AG ’s dealers in China are asking the BMW to reduce their sales targets.
Wall Street Journal reports that some of BMW AG ’s dealers in China are asking the BMW to reduce their sales targets.
During the quarterly conference call, BMW CEO Norbert Reithofer said that Chinese booming car market is slowing down as it becomes more mature.
BMW says three additional car models will be built in China, including a new compact.
BMW predicts China will become the world’s largest market for electric vehicles
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BMW continues its sales growth in China. In June 2011, BMW said that sales in China rose 41 percent, or 21, 158 vehicles.
The BMW Group is planning further expansion of its activities in China in the future.