BMW Set To Become China’s Best-Selling Luxury Carmaker

    BMW looks set to overcome Audi to become the best-selling luxury carmaker in China, Automotive News reports.

    In the first 11 months of the year, BMW sales in China have soared by 15 per cent to 542,362 units, a trend that continued into November where a 12 per cent increase in sales was recorded.

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    By comparison, Audi sales this year have dropped by 2.1 per cent to 528,706 units while Mercedes-Benz has overtaken Audi as the country’s second-best selling luxury car marque, selling 539,728 vehicles so far in 2017.

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    BMW, like its German foes, is well aware of the importance of the Chinese market and is currently in talks with Great Wall Motor to establish a joint venture to build vehicles in the country.

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    While neither BMW or Great Wall have announced specifics about the possible joint venture, analysts expect to see the two automakers building EVs throughout China under a new brand name in a set up similar to Denza, a joint carmaker operated by Mercedes-Benz and BYD.

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