BMW Will Pay $820 Million To Bailout Chinese Car Dealers

Unlike the American car market that has been red hot for 2014, China's auto sales momentum has begun to slow down. While Chinese government imposes restrictions on car sales to reduce pollution and congestion, automakers are building more factories. This is putting the dealers in a tough position, and many are taking… » 1/06/15 9:12am 1/06/15 9:12am