国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

BIZCHINA> Companies
Foreign luxury brands continue to up the stakes
By Yu Qiao (China Daily)
Updated: 2009-11-16 07:57

Foreign luxury brands continue to up the stakes

BMW Group's long-term plan for a seven-fold increase in its China production capacity announced last week is expected to further intensify competition in the country's growing luxury vehicle market.

The German carmaker's strategic plan is to increase annual production to 300,000 units with local partner Brilliance China.

Its joint venture with Brilliance now has a 41,000-unit plant in Shenyang, capital city of northeastern Liaoning province. The facility's capacity will be expanded to 75,000 units next year.

The two parent firms will also build a new 5-billion-yuan plant in Shenyang with a planned capacity of 100,000 cars a year by 2016 or 2017. It will have an initial capacity of 25,000 units in 2012.

BMW's aggressive plan comes two months after Audi, the current luxury market leader in China, opens a new 100,000-unit assembly plant in its joint venture with FAW Group Corp in northeastern city of Changchun, doubling its overall production capacity in China to 200,000 cars a year.

Related readings:
Foreign luxury brands continue to up the stakes Luxury brands eye 2nd-, 3rd-tier China cities
Foreign luxury brands continue to up the stakes Luxury brands drop prices to attract more customers
Foreign luxury brands continue to up the stakes Smooth drive for luxury brands
Foreign luxury brands continue to up the stakes Luxury brands look to China amid global crisis

Industry sources said another major luxury carmaker, Mercedes-Benz, will boost capacity at its joint venture in Beijing to 80,000 units annually in the near future from the current 30,000.

Friedrich Eichiner, board member and chief financial officer of BMW, said the expansion plan indicates that BMW is strengthening its long-term commitment to the Chinese market.

"We believe in the potential of the Chinese market for BMW Group," Eichiner said.

Christoph Stark, president and CEO of BMW Group Region China, last week denied recent rumors that the luxury carmaker was in talks with SAIC Motor Corp, partner of General Motors and Volkswagen, to assemble its 7 Series sedans in China.

BMW's tie-up with Brilliance now makes the 3 and 5 Series sedans.

BMW plans to launch the all-new 5 Series sedans with extended wheelbase at the joint venture at the end of 2010.


(For more biz stories, please visit Industries)

   Previous page 1 2 Next Page  

修武县| 封开县| 开封县| 余干县| 左权县| 洛扎县| 广宁县| 新巴尔虎左旗| 屯昌县| 广德县| 东乡族自治县| 易门县| 海林市| 芒康县| 温州市| 仁寿县| 深州市| 汉寿县| 四子王旗| 弥渡县| 萝北县| 德保县| 沁源县| 禹州市| 温宿县| 北票市| 和平县| 西贡区| 建湖县| 凤山县| 韩城市| 余姚市| 德庆县| 南部县| 浪卡子县| 廊坊市| 淮安市| 淮南市| 珠海市| 天等县| 大方县|