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…
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 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…
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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