Consumer China
BMW - Taking the high road
- Published 02 Dec 2010
Although Audi continues to lead China's luxury car segment, BMW (BMW:BER) group is gaining ground fast.
BMW's China sales jumped 44% year on year to 13,738 units in October, far outpacing the 18.2% regional growth reported by Audi over the period. And while China, Hong Kong and Taiwan accounted for 12.5% of BMW's 1.06m unit sales in the first nine months, this proportion had risen to 13.8% in the third quarter on unit sales growth of 90.8% year on year.
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Macro View
Searching for a Golden Mean
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Forbidden City
North Korea throws a focus on Asia's fraught strategic balance
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The Big Call
Auto sales: A strong Q4, but more moderate 2011 in prospect
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Consumer China
China's car market - Plenty of zip left
Toyota - Sliding reputation brings a meagre harvest
Geely - Stalling after a strong 1H, though new launch "Vision" shows promise
BYD - Taking a breather but still strong in lower tier cities
SAIC Motor - Thriving through joint ventures with VW and GM
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In Depth
Trust companies - A benign or malignant part of China's financial architecture?
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The Best of Chinese Commentators
A turning point for real estate?
Loose liquidity or tight supply?
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Funds Data
Flows to China hold up despite inflation fears
- View issue
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