BMW adapting to big changes in China
While showing double digits growth in the last few years, the Chinese market has slowed down and presents some challenges for premium automakers
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
Chinese dealerships looking for more financial support from BMW
BMW Chinese dealers pressed BMW to set more realistic sales targets, lower wholesale prices and extend grace periods for payment.
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.
Chinese dealers and BMW haven’t reached an agreement over 2015 sales targets
The Chinese dealers said they haven’t reached an agreement with BMW over sales targets and business policies for 2015.
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.
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.
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 Sees China as Biggest Electric Car Market by 2019
BMW predicts China will become the world’s largest market for electric vehicles
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 Group expands its activities in China
The BMW Group is planning further expansion of its activities in China in the future.
