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The BMW Group remained on its growth path in China

June 17th, 2009 · No Comments · Automotive News

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. The German manufacturer is not only in it’s home country doing well. 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.over the same periode of 2008 eight percent growth.yr.: 14,574 units).  Automotive expectations in the east are good, and Chinese people still are buying cars. None the less, only 10% of the Chinese public is driving or owning a car. One could predict the environmental issues 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 produced locally 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.Four percent in the third month. Our new generation 7 Series will be one of the strong contributors to our sales success throughout the year in China” said Dr. Christoph Stark, President and CEO of BMW Group Region China.

 

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