Brilliance BMW earned 8 billion in 2016, 25 thousand per car

Shanghai March 29th, 2017 Gasgoo-In 2016,the Brilliance BMW sales volume climbed by 8% to 310,000 units with four models available in the market. It’s reported that the net income of the joint venture increased to 7.996 billion RMB, a net profit of 25,000 RMB per vehicle.

Brilliance BWM is the only joint venture of BMW in China and it is also the sales engine of Brillance Auto. The Brilliance BWM contributes a net profit of 3.998 billion RMB to Brillance Auto,increasing 4.5% from 3.827 billion in 2015.

The Brilliance BMW upgraded the compact SUV BMW X1 and enriched its product series with two all new estate models in 2016. The BMW 5 Series and BMW 3 Series also outperformed some competitors in respective segment. In the past year,Brilliance BWM further expanded its sales network and the number of the 4S shops spreading all over the country has reached to 463 till the end of the 2016.

“The sales volume of Brillance BMW is expected to rise by 20% to 370 thousand in 2017. We has launched the new BMW 1 Series sports car together with the new BMW X1 plug in model and the Zinoro 60H in the fist quarter this year ,”said the chairman of Brillianc Auto board Wu Xiaoan in a recent meeting.

With the rolling out of the new models , the sales of Brilliance BMW accumulated to 58,800 units in the first two months , 44% up from the same period of last year. The new long-wheelbased BMW 5 Series is to hit the market in the second half of the year.