BMW keeps on growing in China
More of these articles and much more automotive news can be found on: Automotive News
The German car brands still keep to grow, though the automotive world in general is in recess. But the German car producer is doing well in other countries than Germany too. In the first quarter of 2009, BMW Group continued to register growth in the Chinese Mainland market with a total of 16,580 BMW and MINI cars delivered to the customers, representing 13.eight percent growth over the same period of last year (prev.yr.: 14,574 units). Automotive expectations in the east are good, and Chinese people still are buying cars. But just 10% of the Chinese public is driving or owning a car. What would you think this will do to the environment if all Chinese own one or two cars. Luckily the Chinese government is trying to get people to buy only clean cars and reward it with half the taxes as would be payed normally.
Sales of the BMW brand automobiles in the Chinese Mainland increased by 14.four percent to 15,850 units, which includes 8,402 units BMW 3 Series and 5 Series cars are build in China. Sales of MINI cars rose by 1% in the Chinese Mainland to 730 units in the first quarter of 2009 (prev.yr.: 723 units).
In the whole Region China markets combining Hong Kong, Taiwan and Macau, the BMW Group delivered a total of 18,244 BMW and MINI brand automobiles in the first quarter, a year-on-year increase of 5.4% (prev.yr.:
17,317).
“Considering the current global difficult times, the Chinese auto market continues to be very resilient and recently showed signs of recovering the growth path. We achieved an enormous growth again for our vehicles sales for the first quarter, and relatively strong growth of twenty.4% in the third month. This generation 7 Series will be one of the main reasons to our sales success throughout the year in China” said Dr. Christoph Stark, President and CEO of BMW Group Region China.
iCar is an independent webzine for the car enthusiast and brings a daily fresh automotive news. When your are interested in classic cars then we could recommend Auto Motor Klassiek, thousands of classic cars for sale when you click on Classic Cars for Sale Auto Motor Klassiek is a magazine for Classic Cars.
Interested in classic bikes? Have a look at: Classic Motorcycles Oldtimer Motoren
Leave a Reply