bmw to double number of models built in china
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

BMW to double number of models built in China

Arab Today, arab today

Arab Today, arab today BMW to double number of models built in China

BMW
Berlin - AFP

German top-of-the-range carmaker BMW said Wednesday it will increase the number of models it builds in China from three to six in the coming years to meet growing demand.
BMW currently produces three models in China, the BMW 5 Series sedan, the BMW 3 Series sedan and the BMW X1.
However, "we are strengthening our focus on meeting the needs and aspirations of our Chinese customers," said board member Friedrich Eichiner.
"This is why we are going to produce even more models specially tailored to the Chinese market. We are going to double our range of locally produced models in the future -- from three to six," Eichiner said.
The new models will include "a completely new entry model below the 3 Series" and a variant of the BMW X3 specifically developed for and produced in China.
Over the last five years, BMW has invested more than two billion euros ($2.7 billion) in its Chinese plants, "and we will continue to invest in China," Eichiner said.
It has two production sites in Dadong and Tiexi and "over the next two years, we are going to step up the capacity of the two plants from 300.000 units to a combined total of 400,000 units per year," he said.
BMW also plans to extend its joint venture with Chinese automaker Brilliance China Automotive until 2028.
According to a forecast by management consultant McKinsey, the Chinese market for private cars should grow by an annual average 8.0 percent until 2020 when overall sales would reach 22 million vehicles.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bmw to double number of models built in china bmw to double number of models built in china

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bmw to double number of models built in china bmw to double number of models built in china

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday