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China’s GAC, BMW Expect China Sales To Grow This Year – carandbike

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GAC and BMW anticipate gross sales to develop on this planet’s greatest auto market – China, as consumption revives from COVID-19 lockdowns.


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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.

Also Read: China’s Changan Ford JV Sales To Grow This Year

Jochen Goller, head of BMW China, stated the carmaker expects “single digit growth” in China this 12 months.

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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.

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