GAC and BMW anticipate gross sales to develop on this planet’s greatest auto market – China, as consumption revives from COVID-19 lockdowns.
GAC beforehand stated it aimed to extend gross sales by 3% in 2020.
Chinese automaker GAC and Germany’s BMW anticipate gross sales to develop this 12 months in China, the world’s greatest auto market, as consumption revives from COVID-19 lockdowns, officers stated on Saturday. Guangzhou-based GAC, which has partnerships with Toyota Motor and Honda Motor, expects its full-12 months gross sales and manufacturing to be constructive, stated normal supervisor Feng Xingya.
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Jochen Goller, head of BMW China, stated the carmaker expects “single digit growth” in China this 12 months.
The executives have been talking on the Beijing International Automotive Exhibition 2020. GAC beforehand stated it aimed to extend gross sales by 3% in 2020.