China's GAC, BMW Expect China Sales To Grow This Year
1 mins read
Follow us on
GAC and BMW expect sales to grow in the world's biggest auto market - China, as consumption revives from COVID-19 lockdowns.
Highlights
Chinese automaker GAC and Germany's BMW expect sales to grow this year in China, the world's biggest auto market, as consumption revives from COVID-19 lockdowns, officials said on Saturday. Guangzhou-based GAC, which has partnerships with Toyota Motor and Honda Motor, expects its full-year sales and production to be positive, said general manager Feng Xingya.
Also Read: China's Changan Ford JV Sales To Grow This Year
Jochen Goller, head of BMW China, said the carmaker expects “single digit growth” in China this year.
The executives were speaking at the Beijing International Automotive Exhibition 2020. GAC previously said it aimed to increase sales by 3% in 2020.
# BMW# China auto market# GAC# Covid-19# COVID-19 lockdown# Beijing International Automotive Exhibition 2020# Beijing International Automotive Exhibition# Auto Industry
Stay updated with automotive news and reviews right at your fingertips through carandbike.com's Google News
