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Daimler Still Bullish About China Amid BMW Woes

2015-01-13 02:45:51| Auto Dealers - Topix.net

Chief Executive Officer Dieter Zetsche said on Monday he saw no signs of a significant slump in sales for Mercedes-Benz luxury cars in China, even as rival BMW Daimler and BMW expect higher sales in 2015, after reporting record deliveries and higher China sales in 2014. Carmakers are now grappling with a Chinese economy where the pace of car sales is slowing down after years of high double-digit gains.

Tags: china bmw amid woes

 

BMW says tensions with Chinese dealers an industry-wide issue

2015-01-09 21:13:05| Auto Dealers - Topix.net

Demands for compensation from Chinese car dealers hit by a market slowdown have become an industry-wide issue, BMW's board member for sales said on Friday, adding relations were not simply about "holding hands and walking into the sunset." After years of growth that turned China into the world's biggest car market, cooling demand is exacerbating tensions between global automakers and local car dealers.

Tags: issue chinese bmw dealers

 
 

BMW presents research application for inductive charging at CES

2015-01-07 13:55:31| Green Car Congress

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ABI Research: Mercedes-Benz, Volvo, and BMW continue to dominate ADAS market

2015-01-06 18:55:30| Green Car Congress

Tags: research market continue bmw

 

BMW reclaims U.S. luxury title from Mercedes

2015-01-06 12:25:08| Auto Dealers - Topix.net

BMW boosted December sales 11 percent to hold off Mercedes-Benz and recapture the U.S. luxury-auto sales crown for 2014, as premium brands benefited from a surging stock market, low interest rates and attractive leasing offers. 41,526 deliveries last month, helped by the 3 and 4 series sedans and the X5 SUV.

Tags: title bmw mercedes luxury

 

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