BMW sells 5,000 cars in China from January to May

Newswire

SHANGHAI, June 17 (Reuters) - Luxury auto maker BMW AG's nine-month old factory in China sold about 5,000 cars over the first five months of 2004 as it ramps up output to meet its target of selling 18,000 sedans this year. The plant aims to lift production from 42 cars a day now to 100 a day by the end of the year, despite decelerating market growth as Beijing tries to gently slow the racing economy. BMW and joint venture partner Brilliance China Automotive Holdings Ltd sold just over ...

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