Domestic BMW sedans to hit local market
( 2003-10-24 09:46) (eastday.com)
The first batch of 70 domestically-made Bavarian Motor Works (BMW) 325I
sedans will hit the Shanghai market on October 22, with the price expected to
reach around 475,000 yuan (US$57,200), eastday.com reported today.
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BMW
325I
| Starting on October 18,
BMW325i sedans will hit the market around the nation in succession, said Ma
Qingsheng, spokesman with BMW's Chinese representative office.
The domestically-made BMW325i models have been transported to dealerships in
Shanghai, Beijing, Chengdu and Guangzhou to date.
More than 350 people in Shanghai intend to purchase such BMW sedans, but the
first batch of only 70 cars will arrive in Shanghai, said the spokesman with the
Shanghai Bowdex Motor Co., Ltd, BMW's local dealer.
"As the official price will be released on October 16, consumers now can
leave their ways of contact to us, and we begin to receive orders on October
22," the spokesman said.
"According to the company rules, we cannot raise the pries by ourselves," he
added.
Domestically-produced BMW325i sedans have nearly the same appearance with
imported ones, with the two having slight difference in configuration.
Domestically-made BMW 5-series 530i models will hit the global markets
simultaneously by the end of November, while high-end BMW 7-series will not be
produced in China, said an industry analyst.
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