Luxury cars in China: BMW and Hyundai-Kia

A recent post talked about the paradox in China's automotive policy: the government wants manufacturers to make electric and hybrid cars, but at the same time price controls on gas are motivating the sale of SUVs and luxury cars.

Here's what some of the major carmakers are doing in China:

BMW in China: Will triple capacity by 2012, from 35,000 to 100,000 annual units, via their joint venture with Brilliance China. Car sales grew 43 percent (14,574 units) from January to March this year, after growing 42 percent in 2007.

Hyundai-Kia in China: Working to expand presence, Hyundai just opened second plant to achieve annual output of 600,000 units, Kia will open second plant in 2010. Have released two high-end vehicles, the Rohens (Genesis) luxury sedan, and the Barui (Mohave) luxury SUV.

Tags: Brilliance China, Brilliance China Automotive Holdings, Hyundai, Kia, Hyundai-Kia, Hyundai China, Kia China, Hyundai-Kia China, Rohens, Barui, BMW China, BMW, China, Chinese auto industry, Chinese automotive industry

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