Risks and opportunities coexist, BMW has a good start to the year (Part 1)

In the past, in order to obtain the technology of foreign brands, the state restricted the shareholding ratio of foreign brands in domestic investment, and the maximum foreign investment ratio was 50%. After so many years of "protection", the car-making skills of Chinese companies have indeed made significant progress. At the same time, after the "cultivation" of foreign brands, many advanced world-class spare parts manufacturers have also been born in China. Now, with the increasing opening of the market, and in order to allow domestic brands to have better opportunities to learn and compete, the country has released restrictions on the proportion of foreign capital, and the BMW brand will become the first foreign-owned brand. For luxury brands, this means that the door to a new world has been opened, and future opportunities and risks coexist.