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BMW eyes stabilisation in China with latest ‘Neue Klasse’ launch



<p>BMW aims to keep its China sales stable in ‌2026 after a 12.5 per cent slump in 2025.</p>
<p>“/><figcaption class= BMW aims to keep its China sales stable in ‌2026 after a 12.5 per cent slump in 2025.

Prices are stabilising in China after a period of heavy discounting in the electric vehicle market, BMW sales chief Jochen Goller said on Wednesday.

He was speaking after the German premium carmaker revealed its new i3 all-electric ‌sedan, ⁠the latest ⁠launch on BMW’s ‘Neue Klasse’ technology platform, with which the company plans to overhaul its model lineup to catch up in a rapidly changing and tech-driven auto market.

The ‘Neue Klasse’ is the foundation of BMW’s attempt to win back lost ground in China, the ⁠world’s largest ‌car market, where European automakers have been put under pressure in an intense price war ⁠with local brands.

“What we’re seeing is, on the one hand, stabilisation, and in some cases even a price increase, which is why we assume that the trend has now taken hold,” Goller told reporters in Munich.

BMW aims to keep its China sales stable in ‌2026 after a 12.5 per cent slump in 2025.

The first ‘Neue Klasse’ model presented was the iX3 all-electric SUV, a China-specific ⁠version of which is to debut at the Beijing car show in April and go on sale there at the end of the year. A local version of the i3 will follow early next year, Goller said.

“Of course, we want to grow again in China with the ‘Neue Klasse’,” he added.

  • Published On Mar 18, 2026 at 07:19 PM IST

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