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 Chief Financial Officer Nicolas Peter is looking forward to a strong first quarter in 2021 despite the obvious pandemic-related issues.
According to the Q3 numbers, the profit of the company rose almost 10 percent in the past three months and it happened mostly thanks to the Chinese market
The first ever BMW iX3 was assembled at the Shenyang plant in China and this marks a new era for the German brand
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Investors are apparently worried about the Brilliance Automotive ability to handle the debt it took on during the pandemic.
At the BMW China Innovation Day event, BMW China boss, Jochen Goller, reconfirmed their future investments in the Chinese market
BMW is set to kick off construction on its new Tiexi, China plant, which will soon become the biggest BMW manufacturing plant in the world.
Mercedes-Benz and Tesla have ramped up their online presence in the last few weeks, trying to make up for the lack of car sales.
The current plant vacation to celebrate the New Year will be extended by one week until February 9 in all three BMW Group plants in China
Last week, ahead of the 2019 Shanghai Auto Show, BMW hosted the market introduction in China of the new BMW X7, one of the most important markets
Pieter Nota emphasized once again the importance of the Chinese market where BMW has show a 10 percent sales growth in the Q1 of 2019