BMW inaugruates extension of Chinese plant
The Chinese joint venture BMW Brilliance Automotive (BBA) has inaugurated the expansion of its Dadong plant in the city of Shenyang, China. With the completion of the conversion measures, the plant will be able to flexibly produce vehicles with combustion engines, plug-in hybrids or fully electric drive systems.
BMW makes headway in securing BBA majority
The BMW Group is getting closer to achieving their plan of increasing their shares in the BMW Brilliance Automotive joint venture to acquire the majority. A special meeting of Brilliance China Automotive (CBA) has agreed to the sale of another 25% of the company to BMW.
BMW to take over 75 % majority of China-JV BBA
BMW is pushing ahead with its electrical plans in China. First, the carmaker takes over the majority of the joint venture with local car manufacturer Brilliance, second, the joint venture announced that it would invest over 3 bn euros in new and existing plant structures in Shenyang.