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The German car brands still keep to grow, though the automotive world in general is in recess. But the German manufacturer is not only in Germany doing well. In the first quarter of 2009, BMW Group continued to register growth in the Chinese Mainland market with a total of 16,580 BMW and MINI cars delivered to the customers, representing 13.8% growth over the same period of last year (prev.yr.: 14,574 units). Automotive expectations in the east are good, and Chinese people still are buying cars. None the less, only 10% of the Chinese public is driving or owning a car. What would you think this will do to the environment if all Chinese own one or two cars. Luckily the Chinese government is trying to get people to buy only clean cars and reward it with half the taxes as would be payed normally.
Sales of the BMW brand automobiles in the Chinese Mainland increased by 14.4% to 15,850 units, which includes 8,402 units BMW 3 Series and 5 Series cars produced locally in China. Sales of MINI cars rose by 1% in the Chinese Mainland to 730 units in the first quarter of 2009 (prev.yr.: 723 units).
In the whole Region China markets combining Hong Kong, Taiwan and Macau, the BMW Group delivered a total of 18,244 BMW and MINI brand automobiles in the first quarter, a year-on-year increase of 5.4% (prev.yr.:
17,317).
“Considering the current global difficult times, the Chinese auto market continues to be very resilient and recently showed signs of recovering the growth path. We achieved an enormous growth again for BMW and MINI vehicles sales for the first quarter, and good growth of 20.Four percent in March. This generation will be one of the really good contributors to our sales throughout 2009 in China” said Dr. Christoph Stark, President and CEO of BMW Group Region China.
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