China's market cooling off, Chinese BMW dealers offering up to 19% discounts on new cars
So, what is with all this talk about the Chinese buying up luxury cars left and right? Turns out China, just like everyone else, has cars sitting on dealer lots with dealers willing to discount BMW's up to 19% as reported by Businessweek
. Growth is definitely slowing down for the luxury automakers in China but BMW believes growth is sustainable. A Chinese BMW representative stated, “It is predictable that the Chinese car market will keep growing at a comparatively lower rate. BMW has maintained a strong and sustainable growth.” May we have some special editions in the USA now BMW?