Eichiner: New BMW 5 Series Li to launch

Dr.Friedrich Eichiner, Member of the Board of Management of BMW AG: Thanks to the heads of Shenyang City and Liaoning Province, ladies and gentlemen. When BMW each time enters a market, our commitments are all long-term, which are also long-range for our partners.

BMW AG entered Chinese market in 1994 and opened a representative office in Beijing. Since then, BMW has achieved many successes in this great country. Today, China is BMW's fourth largest market in the world. We have delivered total amount of 65000 BMW vehicles and Mini cars last year, which are all delivered to our customers in China. The sale amount will be even higher this year. The sales of our BMW and Mini in October increased 80% compared with the same period last year. Chinese customers prefer not only BMW 3 Series and 5 Series Li, which are produced in China, but also our other automobiles series.

The local produced 3 Series and 5 Series continue their successes. I'm very glad to announce, the new BMW 5 Series Li will be available in the market by the end of 2010. This model is only developed for the Chinese clients. We are only just promoting the new products, but also running a factory in Shenyang since 2003, where BMW 3 Series and 5 Series are manufactured. Brilliance China Automotive, our honourable Mr. Qi is our very reliable partner. We always have a successful partnership. Through our cooperation, we have been expanding our factory's productivity in Shenyang. The productivity will be increased from 30000 to 75000. Then we will enter the next step, which is extremely important. It shows that we are enhancing our long-term commitment to the Chinese market.

We are devoting ourself to our joint venture, and also to contributing the development of the city -- Shenyang. It is also convinced to us, for BMW Brilliance Automotive, Chinese market is extremely important. We establish a higher standards in Shenyang to achieve more flexibility and our production process is also very environmental-friendly, which is the manner of BMW that BMW means high-end. For us, high-end also imply the responsible, sustainable way of development. BMW Brilliance Automotive has made greatly social and economic contributions in China. We have contributed a lot to the economic development of this district. We support the local suppliers, and the local amount of purchasing is 4.4 billion Yuan just in 2008, which is still increasing. The Chinese government always offers us good suggestions and huge support. We are very grateful. We especially thank the government of Limiting Province and Shenyang City for their efforts.(Jianfei Keke)

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