BMW MARCHES INTO SECOND-HAND AUTO MARKET

AsiaInfo Services, November, 2004

AsiaInfo Services 11-29-2004 BMW Marches into Second-hand Auto Market BEIJING, Nov 29, 2004 (SinoCast via COMTEX) -- On November 22, BMW granted some of its distributors to cooperate with the local second-hand auto dealers and exchange market for material and equipment trade of second-hand vehicles to provide second hand car swap services for customers. Second-hand car swap, a popular method in the world, means whena customer wants to buy a new car, he can give up the former car to an auto distributor to offset part price of the new car.If a customer wants to buy a new car of BMW, BMW's distributors will help the customer to sell the customer's car to a second-hand car dealer or an individual and then the customer buys the new car at the same time.

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