Chinese market is strongly growing for BMW: executive

Chinese market is strongly growing for German automaker BMW, a senior corporate executive told Xinhua in an exclusive interview during IAA Mobility show in Munich.

"For us, China is one of our biggest and most important markets," said Frank Van Meel, Senior Vice President of Product Line Luxury Class BMW.

According to him, regarding volume and footprint in the local market with BMW's partners, local production and the supplier base in China, the Chinese market is strongly growing for the Bavarian company.

"So, it's still one of our strongest growing markets," Van Meel continued.

Van Meel praised that China copes very well with COVID-19, and was the first market that came up again out of the COVID-19.

"That was really positive and the market more or less didn't stop growing and grew further," he added.

Figures previously released by the BMW Group show that in the first half of this year the Munich-based company achieved bright results in China, delivering more than 467,000 BMW and MINI brand vehicles to Chinese customers, up 41.9 percent year-on-year, a record high for the same period in the previous year.

In a move to become "the most sustainable carmaker in the world," BMW Group Chief Executive Officer (CEO) Oliver Zipse presented the BMW i Vision Circular at the IAA Mobility, a concept vehicle whose design goal is to create a vehicle that is optimised for closed materials cycles and achieves 100 percent use of recycled materials and can also be fully recycled.