BMW China

BMW to Invest $2.8 billion in China for its Shenyang Plant

BMW to Invest $2.8 billion in China for its Shenyang Plant

At the 2024 Beijing Motor Show, BMW has announced a substantial investment of 20 billion yuan ($2.8 billion) in its Shenyang production plant in China, signaling a strong commitment to the Chinese market and an…

BMW Opens New R&D Center in Shanghai

BMW Opens New R&D Center in Shanghai

This week, BMW expanded its research and development presence in China by inaugurating a new R&D Center in Shanghai. China already serves as the location for BMW Group’s largest R&D network outside of Germany, encompassing…

BMW Increases Prices Of 17 Models In China Due To Rising Production Costs

BMW wants higher margins, doubles down on electric vehicles

BMW wants higher margins, doubles down on electric vehicles

BMW Chief Financial Officer Nicolas Peter is looking forward to a strong first quarter in 2021 despite the obvious pandemic-related issues. In a statement issued this week, Peter says that BMW is looking to also…