BMW China

BMW China announced the launch of the M4 GTS along with its base price – 2M RMB or roughly $310,000, excluding 8.5 percent tax

At the 2016 Beijing Motor Show, BMW executives said the German automaker expects its car sales in China to rise by a mid-single-digit percentage this year. The overall growth is in line with the growth…

BMW cut the price tags of over 4,500 spare parts for BMW and MINI models in China, starting April 1st and the results are starting to show. In a recent talk with Chinese publication China…

To deal with the increasing competition and declining sales, BMW plans to upgrade versions of its sedans and SUVs in China later this year. Growth is forecast to slow to 3 percent this year and…

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…

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 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…

Some of BMW’s dealers in China are asking the Bavarians to reduce their sales targets due to China’s slowing economic growth and an anti-corruption crackdown on government officials. The relationship between the two partners is…

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…

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…