ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Trade war

Trade war derails BMW's sales strategy in China

Automaker raises prices of US-made X5 and X6 SUVs

BMW is trying to offset a possible decline in earnings in China with price increases while remaining competitive in the world's biggest car market.    © Reuters

CHONGQING/FRANKFURT, Germany -- BMW lifted the price of two American-made cars sold in China on Monday, a move prompted by higher duties resulting from the trade war between Washington and Beijing.

BMW increased the price of the X5 and X6 luxury sport utility vehicles. The price of the X5's base model rose roughly 4% to about 730,000 yuan ($107,000) and the X6 jumped around 7% to about 830,000 yuan.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more