BEIJING, Nov. 8 (Xinhuanet) -- BMW forecast last week that China will become its top market in the next decade at the same time competition sharply escalates.
"In the next five to 10 years, China will be the biggest market for all brands and become a big area of competition," said Christoph Stark, president and CEO of BMW Group Region China.
Stark made the remarks in the capital of the Tibet autonomous region, where the company organized a brand experience event for its flagship 7 Series saloon.
The German luxury automaker sold nearly 122,000 cars on the Chinese mainland in the first nine months this year, almost doubling the figure in the same period last year.
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