BMW expects China sales to rise by single digit percentage
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BMW expects its car sales in China to rise by a mid-single-digit percentage this year, in line with the overall growth of the world’s biggest passenger car market, board member Ian Robertson said on Monday.
Last year, BMW sold 460,000 cars in China, marking a 1.7 percent rise, said Robertson, who is responsible for marketing and sales.
Growth is expected to accelerate once the long wheelbase BMW X1 is launched, helping BMW to increase the number of locally manufactured vehicles to six, Robertson said.
BMW expects its sales in the United States and across the globe to rise by a single digit percentage this year, Robertson said.
Questions & Answers
Q.What is BMW's sales forecast for China this year?
What is BMW's sales forecast for China this year?
BMW anticipates its car sales in China will increase by a mid-single-digit percentage in the current year. This projection aligns with the expected overall growth of China's passenger car market, according to board member Ian Robertson.
Q.How many cars did BMW sell in China last year?
How many cars did BMW sell in China last year?
Last year, BMW sold a total of 460,000 cars within the Chinese market. This figure represented a sales increase of 1.7 percent compared to the previous period, as reported by Ian Robertson.
Q.What is expected to drive sales growth for BMW in China?
What is expected to drive sales growth for BMW in China?
Sales growth for BMW in China is anticipated to accelerate following the launch of the long wheelbase BMW X1 model. This new vehicle will help expand BMW's lineup of locally manufactured cars to six models.
Q.What is BMW's global sales forecast for the current year?
What is BMW's global sales forecast for the current year?
BMW expects its sales to rise by a single digit percentage globally this year. This forecast also applies specifically to the United States market, as stated by board member Ian Robertson.