Automakers paying Chinese dealers for lower-than-expected sales

January 11, 2015 by · Leave a Comment 

Filed under: Earnings/Financials , Audi , BMW , Porsche , Toyota , Car Dealers , China , Luxury Reuters reports that BMW has agreed to pay its Chinese dealers 5.1 billion yuan ($820 million) to help them overcome huge inventories and poor profits last year. Audi and Daimler have are also subsidizing Chinese dealers with hundreds of millions of dollars as the local auto market slows down. Continue reading Automakers paying Chinese dealers for lower-than-expected sales Automakers paying Chinese dealers for lower-than-expected sales originally appeared on Autoblog on Sat, 10 Jan 2015 17:31:00 EST. Please see our terms for use of feeds . Permalink

Recharge Wrap-up: Honda Grace hybrid goes on sale in Japan, Daimler spends 100M euros on batteries

December 22, 2014 by · Leave a Comment 

Filed under: Green , Honda , Mercedes-Benz , Toyota , Manufacturing/Plants , Electric , Hybrid , Racing The Mercedes-Benz S-500 Plug-In Hybrid has earned an Environmental Certificate from the T

Tweeter button Facebook button Youtube button