19 Apr '11, 6am

BMW expects double-digit growth in China in 2011

BMW expects double-digit growth in China in 2011

SHANGHAI: German luxury car maker BMW expects double-digit sales growth in China this year as the company expands its distribution network in the world's top car market, an official said on Tuesday. BMW board member for sales and marketing Ian Robertson made the remarks at the Shanghai auto show, which opened to the media on Tuesday, bringing together carmakers from around the world. "The first quarter has been strong again," Robertson told reporters. "I think we still (will) have strong double-digit growth" in sales this year. BMW sales to China, Hong Kong and Taiwan soared 85.3 per cent in 2010 to 183,328 units, the company said last month. In the past three years, China sales have been driven by large coastal cities, but in the future sales growth will increasingly come from the country's interior, Robertson said. To meet future demand, BMW will expand its dealership ne...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific/vi...

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