Group deliveries increased by 2.7% to 169,913 in August and by 4.2% to 1.57m ytd. Excluding deliveries to clients in China, the respective growth rates were -0.6% and +0.8%. In fact, imports into China were also down in August (-2.3% to 16,149) but the ytd number was up by 10% to 137,959. We have derived these latter numbers by deducting the number of retail sales by the BMW Brilliance joint-venture from the total number of cars delivered in Mainland China.
In fact, growth has come to a standst ....
13 Sep 2017
Growth outside China at a standstill
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Growth outside China at a standstill
Bayerische Motoren Werke AG (BMW:WBO) | 0 0 0.6% | Mkt Cap: 57,166m
- Published:
13 Sep 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Group deliveries increased by 2.7% to 169,913 in August and by 4.2% to 1.57m ytd. Excluding deliveries to clients in China, the respective growth rates were -0.6% and +0.8%. In fact, imports into China were also down in August (-2.3% to 16,149) but the ytd number was up by 10% to 137,959. We have derived these latter numbers by deducting the number of retail sales by the BMW Brilliance joint-venture from the total number of cars delivered in Mainland China.
In fact, growth has come to a standst ....