Booming sales in China propel BMW to strong profits
Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year, even as its home market in Germany trailed behind the ongoing recovery in the global car market.
BMW said that its sales in China nearly doubled in the quarter to 230,120 vehicles, partly reflecting the shutdowns in early 2020 as China was hit first by the pandemic.
