Tuesday, March 16, 2010
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Bmw to build the X1 compact SUV in China
BMW X1 compact SUV
BMW X1 compact SUV
Through its joint-venture with Brilliance Auto, BMW will be assembling a series of models in China, according to a report by Gasgoo.
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The cars to be built there include the BMW X1 compact SUV, the BMW 1-Series and the stretched version of the BMW 3-Series.
At the Geneva Motor Show, BMW chairman and CEO Norbert Reithofer announced that the X1 would be the third model to be built at the Chinese facility. Earlier this year, BMW Brilliance halted the 3 Series’ production to expand the production site’s capacity. It compensated by importing the model.
BMW February sales rise 14%
German car maker BMW /quotes/comstock/11e!fbmw (DE:BMW 32.59, -0.06, -0.18%) said Tuesday that sales of Mini, Rolls Royce and BMW brand cars rose 14% in February to 91,758 from 80,474 a year earlier. Sales for the 12 months to the end of February were up 15.3% at 173,911 units. "We saw growth in Asia, in particular, but we also made gains in many markets in Europe, Africa and the Americas. In key sales markets such as the U.S., the automotive sector is also showing encouraging signs of a gradual recovery," said Ian Robertson, BMW board member responsible for sales and marketing. The company said almost all its markets are experiencing "a definite upturn." Sales of BMW brand cars rose 13.7% to 78,248 units and Mini sales rose 16% to 13,443 units
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