According to a report from Bloomberg,
China’s government plans to stop buying cars from foreign brands like BMW.
BMW, like all foreign brands will not be part of the official government fleet if the current list is approved. The Chinese government fleet is estimated as a $13 billion segment of the world’s largest vehicle market or 4.5% of total sales. The proposed list of 412 models will be limited to Chinese brands. The preliminary list is open for public consultation until March 9.
The hardest hit buy this decision will not be BMW but its competitor Audi, which stands to loose a significant number of sales as Audi accounts for over 20% of all government vehicles in China.