BMW Faces Another Blow in China! World’s First 5S Dealership Collapses, With Owner on the Run

Who could have imagined a BMW dealership shutting its doors and vanishing overnight? In late September, a passerby noticed that Beijing xingdebao, once Asia’s largest BMW 5S dealership, was eerily deserted. The once-bustling location didn’t even have a security guard in sight.
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[JohnDoe-pc]

Unfortunately companies which have left or will be leaving, will never go back.

[jameswalker]

The West's infatuation with the Chinese market seems to definitely be over. This was a well-researched, detailed episode. Warmest compliments. Thank you.

[enricomercado]

Why the Chinese keep working for entities that do not pay them for months is ridiculous!
The moment they stop paying, they should immediately stop working!

[bitcoinski]

Americans would NEVER work over a month without pay...2 weeks perhaps...but not an entire month!

[beemer]

The Porsche dealer in Cancun Mexico is in the same position. No one answers the phones, mechanics have quit, unfinished vehicles in the service department. I think they are struggling thru out Mexico, it is not just a China, or BMW problem.

[mommatreez]

The auto parts company I worked for for over 40 yrs. Closed the plant in 2020 and my job went to china and the rest went to Mexico
Needless to say I've been hearing things are not going very good with any of those parts that left America

[rolandpachuau]

What rights they have no rights in china

[TommyAventador]

Well if you dear leader didn’t start problems with their neighbours, they wouldn’t get sanctioned and other countries that has investment in China leaving!

[Trueye-slmr]

He left to open a BYD dealership in Germany

[brianm.]

Its hard to sell a luxury vehicle when the local "homegrown" knockoff has the same features at half the price.

[John-rs]

BMW is the brand of cars the owner of the dealership is selling. The Chinese man who owned the car dealership is the snake in the grass… think don was on to something

[nullandvoid]

All traditional automakers should leave China altogether and other western businesses

[chipparker]

The used German business model is responsible for some of this. Selling overpriced unreliable products designed to need expensive maintenance and repairs will eventually become common knowledge. High prices will not bring the buyers prestige but headaches and ridicule.

[madapaka]

From inventing compass, paper, gun powder to faking everything making trash to eating gutter oil

[ronaldellis]

Western companies shouldn't have invested in China believing they were making easy money but now they're paying the price for trusting the chinese ! Personally I wouldn't buy a screwdriver made in China 😂😂😂😂😂😂😂

[foreignmatador]

Why is it hard to understand sales went down for bmw? Or legit cars in china. No one can afford anymore or not spending because of their situation.(economic collapse) Now they got byd that explodes and automous vehicles driving off sides of cliffs

[ayylien]

I do remember that BMW was slashing prices a while ago in another video because of chinese EV overproduction, now the dealer is closed. Thats how you know china observer posts factual news.

[SamiKotiranta]

The faster European companies leave China the better it is for them in the long run...

[lt]

Most of the middle class already left the country!

[edwardbryan]

China: "WE DON'T NEED FOREIGNERS!"

Foreigners: "Ok. Bet." *Leaves

China: "Please come back."

Foreigners: "No."