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China's Baosteel denies reports of listing overseas
Baosteel mulling over public listing overseas
United gets tentative approval of US-China flight
China's stock market value exceeds nine trillion yuan
Expert: rising grain prices will push up consumer price index in 2007
Shanghai uses 7 bln USD in FDI last year
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China plans to dam large-scale building projects
Chef says De Niro is hands-off partner in Nobu restaurant chain
Air China to step up services on delayed flights
Crude oil imports via Sino-Kazak border port hit record high
China mulls reform on policy financial institutions
Net value of funds in China exceeds 850 bln yuan
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Chinese mainland buys 1,200 tons of slow-selling Taiwan oranges
Share prices fall in biggest single-day retreat in 6 months
Yuan pricier than HK dollar for 1st time in 13 years
Entrepreneur confidence index hits record high
Sales of Ford-branded vehicles more than double in China
China to write off tax arrears for NE industries
 
BMW says China sales up 51 percent amid luxury car boom
BEIJING, Jan. 12 (AP) -- German automaker BMW AG said Friday its 2006 sales in China rose 51.3 percent amid a luxury car boom.


Sales in China last year totaled 36,357 automobiles, BMW said. It said sales in the Greater China region, including Hong Kong, Taiwan and Macau, rose 35.4 percent to 44,710 units.


Sales for BMW's Mini division grew by about 250 percent to 1,057 units, the company said.


Demand for luxury vehicles has grown among newly rich Chinese entrepreneurs. BMW's Rolls Royce unit announced earlier that its China sales rose 60 percent last year, though it did not release the number of cars sold.


BMW manufactures BMW-brand cars in China in a joint venture with a local partner, Brilliance China Automotive Holdings Ltd.

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