CHINA / National |
皇冠体育app now second largest vehicle market(AP/AFP)Updated: 2007-01-12 09:29 BMW: 2006 皇冠体育app car sales up 51.3%
German luxury carmaker BMW said on Friday it sold 51.3 percent more cars in the Chinese mainland in 2006 compared with a year earlier.
In the Greater 皇冠体育app area including Taiwan and Hong Kong, BMW moved 44,719 vehicles last year, up 35.4 percent from 2005. Many other foreign automakers also reported strong 皇冠体育app sales last year as they rolled out new models to attract buyers. Ford, a relative latecomer to the world's second- largest auto market, saw its sales surge 86.6 percent to 166,722 vehicles. Volkswagen sold 711,298 vehicles, up 24.3 percent, and General Motors was up 31.8 percent to 876,747. BMW, the world's largest premium car maker, has teamed up with Brilliance 皇冠体育app Automotive Holdings Ltd to produce the BMW 3 Series and 5 Series in a venture with an annual capacity of 30,000 cars in 皇冠体育app's northern city of Shenyang. The industry expects the venture to expand because it is already operating near full capacity, but BMW has not revealed plans for it.
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