BMW Continues Its Rapid Development in China, Official Says

The battle for a bigger piece of the Chinese car market is getting fiercer day by day. BMW is now aiming at even more sales, introducing the 3 Series GT on the biggest auto market in the world this week.
Mr. Xu Zhijun, President of BMW China Trading 1 photo
Xu Zhijun, President of BMW China Trading made some daring statements in a recent interview for the National Business Daily publication, claiming that the manufacturer's product and network development plans for the country are still positive.

Talking about future plans, Mr. Xu said that current growth for luxury vehicles in China is slowing down, as expected, customers becoming more and more oriented towards compact, cheaper cars.

However, the company is still optimistic regarding the market, especially due to its size. Therefore, every slight change makes a difference. Regarding dealership profits, Mr. Xu said that they are of great importance, being paramount for a strong network in China and the Group's profits, of course.

For the complete interview, head on to
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