German luxury automaker BMW has agreed to pay 5.1 billion yuan (US$820 million) in subsidies to its dealers in China, according to BMW's main Chinese dealership group. The agreement ends months of disagreement over who should bear the brunt of a sign...
BMW (Bavarian Motor Works in English) is a German car, motorbike and engine maker. It is well known for its high quality luxury vehicles. Its website states: The BMW Group has its sights set firmly on the premium sector of the international automobil...
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