Text: | Print|

    China shares one fifth of BMW global sales

    2014-03-20 08:47 Xinhua Web Editor: qindexing
    1
    BMW X3 xDrive is pictured at its world premiere on March 5, 2013 during the Geneva International Motor Show in Switzerland. [Hao Yan / chinadaily.com.cn]

    BMW X3 xDrive is pictured at its world premiere on March 5, 2013 during the Geneva International Motor Show in Switzerland. [Hao Yan / chinadaily.com.cn]

    China accounted for about 20 percent of German car producer BMW Group's global sales, BMW chairman said Wednesday on the annual accounts press conference for the business year 2013.

    BMW expanded its production capacity in 2013 by up to 300,000 cars in China, said Norbert Reithofer, chairman of the board of management of BMW AG.

    "In the medium term, we are able to increase production up to 400,000 cars annually if needed," Reithofer continues, "Together with our joint-venture partner Brilliance, we are planning a new engine production site, due to open in 2016."

    Besides China, the sales in Western Europe, North America and Germany each took up 26 percent, 21 percent and 13 percent of BMW's global sales, which came to a total of 1.96 million cars, 6.4 percent increase compared to 2012.

    The revenues of BMW Group stood at 76.1 billion euros (105.8 billion dollar) in 2013, with a net profit of 5.3 billion euros, which is the highest net profit in the company's history.

    "We deliver on our promises, and we hit all our targets for 2013." Reithofer added.

    Referring to the sales target of the Munich-based company for the coming business year, Reithofer said that the Group sales will surpass two million cars, earlier than the planned year 2016.

    Comments (0)
    Most popular in 24h
      Archived Content
    Media partners:

    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 宿州市| 施秉县| 咸宁市| 南部县| 漯河市| 永泰县| 从江县| 清苑县| 临清市| 昭平县| 甘肃省| 乳源| 墨竹工卡县| 荆门市| 南昌市| 曲松县| 八宿县| 汉中市| 增城市| 杨浦区| 迭部县| 孟津县| 韶关市| 林西县| 崇阳县| 湖州市| 林芝县| 定远县| 左贡县| 襄汾县| 邛崃市| 布尔津县| 沂源县| 农安县| 梅州市| 兴和县| 广德县| 奉新县| 芜湖市| 诏安县| 连城县|