Several news reports were mentioning a while back that the parent company of BMW’s Chinese joint-venture partners, Brilliance Automotive, is going through some tough times. The Huachen Group did end up going under, following a…
BMW Chief Financial Officer Nicolas Peter is looking forward to a strong first quarter in 2021 despite the obvious pandemic-related issues. In a statement issued this week, Peter says that BMW is looking to also…
According to a new report, BMW’s Chinese partner is having some issues staying profitable. We first heard of it back in August as a rumor, but there was no official announcement. Until last week. That’s…
BMW had great plans for 2020 at the beginning of the year. Investments in electric models were planned, a deep focus on automotive driving systems was included in the forecast, as well as a good…
In business, whenever someone you’re teaming up with is in trouble, the same goes for you. For BMW, it happened a number of times, the most famous such situation coming in the 1970s, when Lamborghini…
BMW’s plans in China are not slowing down, despite the current setback. This week, at the BMW China Innovation Day event, BMW China boss, Jochen Goller, reconfirmed their future investments in the Chinese market. China…
Despite the current downturn the automotive industry is experiencing due to the Coronavirus outbreak, manufacturers still have big plans for the future. That includes BMW and its Chinese partner, Brilliance Automotive, who have kicked off…
Selling cars online is not a new thing but it has been more of a niche offering so far, with few adopters going for it. Most people still prefer to walk into a dealership and…
The new coronavirus that is affecting large swaths of Mainland China deeply affected supply chains around the world. China is the largest manufacturer of goods in the world and since nearly everything is made there,…
Just like other car manufacturers, BMW is reacting to the outbreak of the new corona virus in China. The current plant vacation to celebrate the New Year will be extended by one week until February…
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