Expansion of BMW Shares in BBA Joint-Venture Approved by Shareholders
As reported a while back, the BMW Group expressed its intention to acquire a larger share of their Chinese joint...
As reported a while back, the BMW Group expressed its intention to acquire a larger share of their Chinese joint...
The long-wheelbase model of the new BMW 3 Series just debuted in the Chinese market rather quietly, offering more back seat space.
The electric 3 Series could be built atop the Chinese-specific G28 model, which is a long-wheelbase version of the 3 Series.
BMW will become the first global car maker to be allowed to provide ride-hailing services to customers in China this...
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%%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.
%%excerpt%% China Merchants Shekou Industrial Zone Holdings Co is giving away a BMW 3 Series or an X1 SUV to buyers of a three-bedroom unit
%%excerpt%% The BMW Plant in Thailand will get an increased portion of the BMW X5 production to be exported to China, to sidestep the new US tariffs.
%%excerpt%% BMW CEO, Harald Kruger highlights the growing importance China will play in the company's future plans, possibly hinting at US slowdown.
Today, BMW said it will raise the prices of the X5 and X6 models made for China to cope with the additional cost of tariffs on U.S. car import.
The proposed Chinese 25 percent tariff on imported U.S.-made models could force the German automaker to raise prices on its SUVs built in Spartanburg.