Greater profits given to dealers
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| Long Wei / for China Daily |
Many dealers asked for higher returns or lower sales targets in 2014, and some moves lasted to earlier this year. BMW and its dealers agreed on subsidies totaling 5.1 billion yuan ($830 million). Audi announced a 2.05 billion yuan subsidy plan this year; Daimler gave about 1 billion yuan in subsidies to its dealers in December; and FAW-Toyota increased its commissions. However, many dealers stopped ordering Renault cars in October; and many in January stopped ordering imported Volkswagen and Porsche cars.
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