BMW Group extends JV contract with Brilliance to 2040, increases stake to 75%; €3B investment in plants

Green Car Congress
By mmillikinOct 12, 2018, 4:00 am555 ptsHot
The BMW Group and Brilliance China Automotive Holdings Ltd. (CBA) announced the early extension of the joint venture contract for BMW Brilliance Automotive (BBA) and the further deepening of the existing successful collaboration. The extended contract is valid for 22 years (from 2018 to 2040). Furthermore, the…

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