BEIJING (Reuters) - Chinese automaker GAC 601238.SS and Germany's BMW BMWG.DE expect sales to grow this year in China, the world's biggest auto market, as consumption revives from COVID-19 lockdowns, officials said on Saturday.
Jochen Goller, head of BMW China, said the carmaker expects “single digit growth” in China this year.
The executives were speaking at the Beijing International Automotive Exhibition 2020. GAC previously said it aimed to increase sales by 3% in 2020.
Reporting by Yilei Sun and Norihiko Shirouzu in Beijing; Editing by William Mallard
Our Standards: The Thomson Reuters Trust Principles.