![]() ![]() |
![]() ![]() |
![]() ![]() |
Home :: Forums :: Manufacturers :: Articles :: About Us :: Vendors :: Analysis Reports |
|
Forum | Register | Photo Gallery | FAQ | Calendar | Auto Loans | Mark Forums Read | Advertise | Auto Escrow | Insurance |
![]() |
|
Thread Tools | Display Modes |
![]() |
#1 |
Chery Driver
Join Date: Jun 2005
Posts: 1,055
|
![]()
BEIJING (AFX) - Bayerische Motoren Werke AG (BMW) said it has raised prices of its cars in China due to a new vehicle consumption tax in the country, effective from April 1.
Prices of more than 20 BMW models have been raised by between 4,800-289,600 yuan, according to XFN-Asia's calculations. The company did not provide a percentage figure for the price hikes. BMW sold 23,595 cars in the mainland last year, 15,300 of which were produced in China by BMW Brilliance Automotive, its joint venture with Brilliance China Automotive Holdings Ltd. China's Ministry of Finance announced last month that it was lowering consumption tax on cars with smaller engines while increasing rates on bigger vehicles. According to the new tax rules, as of April 1, the consumption tax on 1.0-1.5 liter vehicles will be lowered to three pct from five pct. Vehicles with engines of 2.0 to 2.5 liters will be subject to a nine pct sales tax, those between 2.5 and 3.0 liters will see the figure rise to 12 pct, while 3.0 to 4.0 liter engines will be charged 15 pct and those over 4.0 liters as much as 20 pct source: http://www.forextelevision.com/FT/AF....jsp?seq=92009 |
![]() |
![]() |
Sponsored Links | |||
Advertisement
|
|
![]() |
#2 |
Join Date: Apr 2006
Posts: 9
|
![]()
A question on the BMW/CBA relationship. ..
Are the CBA built BMWs only sold in China or will they be exported? |
![]() |
![]() |
![]() |
#3 |
Chery Driver
Join Date: Jun 2005
Posts: 1,055
|
![]()
im not sure ..but maybe you can find some info on http://www.bmw-brilliance.cn/en/index.html (official sites)
|
![]() |
![]() |
|
|
![]() |
#4 | |
Senior Member
Join Date: Feb 2006
Location: Finland
Posts: 547
|
![]() Quote:
__________________
"It took Japan 40 years to become a great automotive nation. It took South Korea 20 years. I think it will take China as little as 10 to 15 years." Giorgetto Giugiaro |
|
![]() |
![]() |
![]() |
#5 |
Join Date: Dec 2005
Posts: 264
|
![]()
BMW plans to open second plant in China
Beijing Times reports Wednesday that BMW Group is secretly planning to open the second plant with Shenyang-based Brilliance Automotive Corp, while Shanghai General Motors Co Ltd suspended its Cadillac project and rumors are swirling about the halt of Beijing's Mercedes-Benz project due to China's imported policy of auto parts. The president of BMW Group came to China secretly and reached an agreement on an increase of investment and production, according to Brilliance Automotive Corp. Shanghai General Motors Co Ltd, General Motors' only car venture in China, announced it would halt the Completely Knocked Down (CKD)assembly of Cadillac, and turn to import. And Beijing Benz-DaimlerChrysler was busy clarifying it would not stop the production in Beijing. BMW Group's launch of expansion scheme in China is undoubtedly a heavy blow to European and US auto makers, especially to high-end luxury auto makers. If the Shenyang plant, built three years ago, could reach the full capacity of 30,000 units annually, BMW Group would expand its investment in China to build another plant, according to BMW Group's plan at the beginning of this year. Besides the expansion of production capacity, BMW will accelerate localization of auto parts. It will increase the value of auto parts it purchases in China from 870 million yuan last year to 3 billion yuan this year and increase the local supplier from over 40 to more than 80 this year, said Eberhard Schrempf, CEO of BMW Brilliance Automotive Ltd. By People's Daily Online http://english.people.com.cn/200605/...24_268327.html |
![]() |
![]() |
![]() |
#6 |
Senior Member
Join Date: Feb 2006
Location: Was Qingdao & Shanghai, now Norfolk UK
Posts: 450
|
![]()
Hater says chinese made auto parts are no good. BMW evidently don't agree. Who knows best - our man or the combined wit of the Beemer corporation?
__________________
If it's got pistons or tits it's gonna be expensive..................that's fightingtorque !!! www.fightingtorque.com - now with chinese track clips www.myredstar.com |
![]() |
![]() |
![]() |
#7 | |
Senior Member
Join Date: Feb 2007
Location: Slovenia, Europe
Posts: 16,257
|
![]()
BMW AG sold 51,588 vehicles in 2007.
Quote:
__________________
My rides: https://www.chinacarforums.com/forum/...ead.php?t=1976 |
|
![]() |
![]() |
![]() |
#8 | |
Senior Member
Join Date: Feb 2007
Location: Slovenia, Europe
Posts: 16,257
|
![]()
BMW 120i, 130i, M3 to show up at Beijing Auto Show.
Quote:
__________________
My rides: https://www.chinacarforums.com/forum/...ead.php?t=1976 |
|
![]() |
![]() |
![]() |
#9 | |
Senior Member
Join Date: Feb 2007
Location: Slovenia, Europe
Posts: 16,257
|
![]()
BMW Expanding Its Presence - and Purchases - in China
Quote:
__________________
My rides: https://www.chinacarforums.com/forum/...ead.php?t=1976 |
|
![]() |
![]() |
![]() |
#10 | |
Senior Member
Join Date: Feb 2007
Location: Slovenia, Europe
Posts: 16,257
|
![]()
BMW to launch 3 new vehicle models at Beijing auto show.
Quote:
__________________
My rides: https://www.chinacarforums.com/forum/...ead.php?t=1976 |
|
![]() |
![]() |
Sponsored Links | |
Advertisement
|
|
![]() |
Thread Tools | |
Display Modes | |
|
|