According to foreign media reports, a BMW spokesperson said on December 13 that in order to meet the strong demand for X5 from Chinese consumers, the company will start producing this medium-sized luxury SUV in China. The spokesman said: "We will start local production of X5 models in China to meet the needs of consumers in the Chinese market. But he did not say when the company will start producing the model domestically.
Earlier, there were media reports that BMW would start producing X5 in China in 2022, and the company's statement confirmed the news. Between January and September this year, BMW's cumulative sales in China approached 700,000 vehicles, an increase of nearly 20% over the same period last year, accounting for about one-third of the total sales in Europe, Asia and the United States. In September, BMW Chief Financial Officer Nicolas Peter said he was confident that he thought BMW's sales would increase further next year.
It is reported that the current BMW X5 is still produced in the United States, and the X5 sold in China is also from the Spartanburg plant in South Carolina. Earlier, BMW issued a statement that the increase in production in China would not affect the output of the South Carolina plant
Domestic BMW X5 spy photos
Since it wants to be localized, the price will definitely be reduced, and the current price range of the imported BMW X5 is 699,900-863,900 yuan, which is produced by the Spartanburg plant in South Carolina, USA. After domestic production, its starting price may be lowered to about 500,000 yuan, after all, the current domestic X3 starting price is less than 400,000 yuan.