BMW to help owners of Brilliance Automotive to get back on track
The parent company of BMW's Chinese joint-venture partners, Brilliance Automotive, is going through some tough times.
The parent company of BMW's Chinese joint-venture partners, Brilliance Automotive, is going through some tough times.
BMW has set up a rather large peanut plantation, right next to its plant in China, in collaboration with local company Brilliance Automotive
Investors are apparently worried about the Brilliance Automotive ability to handle the debt it took on during the pandemic.
%%excerpt%% China will change the rules in 2022 and by then BMW will buy another 25% of the venture, raising its stake to 75% in total
%%excerpt%% In the context of the 15th anniversary of BBA, the BMW Group announced the extension of the joint venture contract with its partner Brilliance Automotive.
As BMW is focusing more of its efforts on electric and hybrid models from here on out, the demand for...