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Article: BRIEFING - ASIA AUTOMOTIVE - APRIL 26, 2005.
- Article from:
- AsiaPulse News
- Article date:
- April 26, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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26, 2005, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
BMW UNDETERRED BY DECLINE IN Q1 CHINESE SALES
BEIJING - German premium car maker BMW hopes China will become one of its five biggest markets in the world in a decade, despite a drop in sales in the first quarter.
"For BMW, China now is within the top 10 markets in the world and it will be within the top five markets within the next decade," said Helmut Panke, chairman of BMW, in an interview at the 11th Shanghai International Auto Show.
BOSCH TO INVEST ADDITIONAL US$600 MLN ...