BMW supervisory board chairman Nicolas Peter said there is room for automakers other than Chinese ones in China, the world's largest car market. The comment is a broadly supportive view on competitive prospects in China rather than a concrete financial update. Market impact is likely limited absent new details on sales, pricing, or strategy.
BMW supervisory board chairman Nicolas Peter said there is room for automakers other than Chinese ones in China, the world's largest car market. The comment is a broadly supportive view on competitive prospects in China rather than a concrete financial update. Market impact is likely limited absent new details on sales, pricing, or strategy.
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