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Automakers paying Chinese dealers for lower-than-expected sales
<p>Filed under: <a href="http://www.autoblog.com/category/earnings-financials/" rel="tag">Earnings/Financials</a>, <a href="http://www.autoblog.com/audi/" rel="tag">Audi</a>, <a href="http://www.autoblog.com/bmw/" rel="tag">BMW</a>, <a href="http://www.autoblog.com/porsche/" rel="tag">Porsche</a>, <a href="http://www.autoblog.com/toyota/" rel="tag">Toyota</a>, <a href="http://www.autoblog.com/category/car-dealers/" rel="tag">Car Dealers</a>, <a href="http://www.autoblog.com/category/china/" rel="tag">China</a>, <a href="http://www.autoblog.com/category/luxury/" rel="tag">Luxury</a></p>Reuters reports that BMW has agreed to pay its Chinese dealers <span id="articleText">5.1 billion yuan ($820 million) </span> to help them overcome huge inventories and poor profits last year. Audi and Daimler have are also subsidizing Chinese dealers with hundreds of millions of dollars as the local auto market slows down.<p><a href="http://www.autoblog.com/2015/01/10/automakers-paying-chinese-dealers-lower-than-expected-sales/" rel="bookmark">Continue reading <em>Automakers paying Chinese dealers for lower-than-expected sales</em></a></p><p style="padding:5px;backgr ound:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2015/01/10/automakers-paying-chinese-dealers-lower-than-expected-sales/">Automakers paying Chinese dealers for lower-than-expected sales</a> originally appeared on <a href="http://www.autoblog.com">Autoblo g</a> on Sat, 10 Jan 2015 17:31:00 EST. Please see our <a href="/rss-term-of-use/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2015/01/10/automakers-paying-chinese-dealers-lower-than-expected-sales/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/21127035/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2015/01/10/automakers-paying-chinese-dealers-lower-than-expected-sales/#comments" title="View reader comments on this entry">Comments</a>
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