BMW

DE0005190003

Auto & Truck Manufacturers

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07:04pm	TAKE A LOOK-Beijing auto show	RE
06:42pm	BMW to invest a further $2.76 billion in key market China	RE

BMW : Audi aims to sell one million cars in China in 2023

January 19, 2021 at 09:33 pm EST

BEIJING (Reuters) - German premium automaker Audi aims to sell 1 million vehicles in China in 2023, versus 726,000 vehicles in 2020, the brand's China chief Werner Eichhorn said on Wednesday.

Audi, which is making cars in the world's biggest auto market with FAW Group, will also add more products in China, Eichhorn said. Audi's rivals include Daimler and BMW.

(Reporting by Yilei Sun and Brenda Goh; Editing by Himani Sarkar)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	VOLKSWAGEN AG	120.1 EUR	+1.09%	-0.91%	69.58B
	MERCEDES-BENZ GROUP AG	74.36 EUR	+1.56%	+0.30%	81.14B

Latest news about BMW AG

TAKE A LOOK-Beijing auto show	01:04pm	RE
BMW to invest a further $2.76 billion in key market China	12:42pm	RE
BMW to invest $2.76 billion in Chinese production site	11:32am	RE
Stellantis N.V. : Stellantis: A rolling business	05:29am
Mercedes boss on competition in China: 'We are not standing still'	Apr. 25	DP
PEKING/German carmakers want to get off the defensive in China	Apr. 25	DP
Kuehne+Nagel Expands Spare Parts Logistics for BMW	Apr. 25	MT
Xiaomi Auto Expects Up to 10% Gross Profit Margin, Founder Says	Apr. 25	MT
China's largest auto show showcases all-electric future, local brands dominate	Apr. 25	RE
Wagenknecht wants Bundestag to vote on combustion engine phase-out	Apr. 25	DP
Auto show in Beijing begins - German manufacturers want to attack	Apr. 24	DP
China's BYD seeks to redefine luxury for the EV generation	Apr. 24	RE
PEKING: Mercedes head of development wants more speed for China	Apr. 24	DP
Opel boss: Slump will not slow down electric market	Apr. 23	DP
IEA: Chinese imports could push down e-car prices in Europe	Apr. 23	DP
EU Court of Auditors: e-cars must reach the masses	Apr. 22	DP
Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs	Apr. 22	RE
BMW : Jefferies reiterates its Neutral rating	Apr. 22	ZD
Automakers hope for a cut as two-way EV charging becomes real	Apr. 22	RE
BMW invests 200 ME in Landshut plant	Apr. 18	CF
EU March Car Sales Recorded Biggest Drop in 16 Months	Apr. 18	DJ
Car sales in the EU fall in March	Apr. 18	DP
Humanoid robot Atlas goes electric	Apr. 18	DP
BMW : Barclays remains negative, but raises its target	Apr. 17	CF
BMW : Barclays reiterates its Sell rating	Apr. 17	ZD

Bayerische Motoren Werke AG (BMW AG) specializes in the design, construction and marketing of luxury cars. Net sales break down by activity as follows: - vehicle sales (77%): 2,554,183 units sold in 2023, under the following brands: BMW (2,252,793), MINI (295,358) and Rolls-Royce (6,032); - sale financing services (23.6%); - motorcycle sales (1.9%): motorcycles with 650-1200 cm3 displacement (209,066 units sold under the BMW brand). At the end of 2023, the group had 31 production sites worldwide. Net sales are distributed geographically as follows: Germany (15%), Europe (29.2%), China (16.1%), Asia (10.7%), the United States (21.8%), Americas (4%) and other (3.2%).

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Auto & Truck Manufacturers

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2024-05-07 - Q1 2024 Earnings Release

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EURO STOXX 50 , STOXX EUROPE 600 (EUR) , DAX

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HOLD

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105 EUR

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113.2 EUR

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+7.71%

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BMW AG

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BMW

DE0005190003

Auto & Truck Manufacturers

BMW : Audi aims to sell one million cars in China in 2023

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Sector Other Auto & Truck Manufacturers