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COMING UP:Share Opener Variant 4

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00:00:01
>> It launched no less than 12 new energy efficient models at the Frankfurt Auto Show this year. And it seems BMW isn't content with just one Chinese Fincher. Reports it's looking to form an alliance with Great Wall Motors, the Chinese firm shares up nearly one-fifth. BMW is China's second largest premium brand after Volkswagen's Audi.
00:00:24
It's sales there grew by 11% last year, but Mercedes enjoyed 26% growth thanks to a fresher model Auto line up, alternative fuels remain the focus. China wants hybrid or electric cars to make up a fit of auto sells by 2025. It's loosening joint venture regulations to help. That's not lost on auto makers, the drive for Chinese growth is everywhere.
00:00:50
Ford, Tesla, Deimler and General Motors have all announced plans to make electric vehicles in China