On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1440 AM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
33° Feels Like: 29°
Wind: ESE 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 52°

Tonight

Showers Late 37°

Tomorrow

Rain 44°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

BMW anticipates "normalized" growth in China this year

Customers walk around cars of German premium automaker BMW at the headquarters in Munich March 19, 2013. REUTERS/Michael Dalder
Customers walk around cars of German premium automaker BMW at the headquarters in Munich March 19, 2013. REUTERS/Michael Dalder

SHANGHAI (Reuters) - BMW , the world's biggest luxury carmaker, said it is targeting "upper single-digit" sales growth in China this year, a senior company official said on Saturday.

"I don't anticipate that those rates (of about 40 percent in BMW 2012 group Chinese sales) will continue," BMW sales chief Ian Robertson told reporters at the Shanghai auto show.

"The (Chinese) market is maturing somewhat. We're expecting normalizing growth figures in coming years," he said.

(Reporting by Andreas Cremer; Editing by Ron Popeski)

Comments