Before Li Shufu rose to become the largest single shareholder at Mercedes-Benz through the acquisition of almost 10 percent of Daimler’s shares, the billionaire was apparently also in talks with the BMW Group. As…
BMW is reported to be considering a manufacturing joint venture with China’s Great Wall. Quoting an BMW executive, Reuters reports that the new plant would be opened in the city of Changshu. However, it remains unclear how far…
BMW Group said Thursday its earnings and sales rose in the second quarter, helped by demand in China. Net profit after minorities in the April-through-June period was 2.19 billion euros ($2.59 billion), up 13% from…
Over the last few years, China has been cracking down on combustion engines, citing air pollution as the main reason. To reduce the CO2 footprint, the Chinese government have imposed strict rules on automakers who…
Chinese authorities have recently granted BMW a license to export its locally manufactured vehicles to other markets worldwide. The reports comes in just days after sources inside BMW claimed that the company has no intentions…
Last week BMW and its Chinese partner, Brilliance Automotive, announced the opening of a newly built north section of their joint-venture plant in Dadong/Shenyang, China. Thanks to this expansion, the companies are now capable of…
BMW Brilliance Automotive (BBA) today opened the newly-built north section of its automotive plant in Dadong/Shenyang, China. The first long-wheelbase version of the new BMW 5 Series Sedan rolled off the production line during the…
BMW Group expects sales in China to grow around 10 percent this year while global sales are likely to climb 5 percent to 5.5 percent, BMW board member for sales and marketing Ian Robertson said…
The joint venture BMW Brilliance said on Friday that its sales in China are expected to rise at least 20 percent in 2017. The full-year estimate is based on a 44 percent year-on-year rise in…
Audi’s Chinese operations are under pressure from its own dealer network and the increase sales volume of BMW and Mercedes-Benz. This week, Chinese dealers forced Audi to retreat from a major sales and distribution initiative…
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