By Scott Hillis BEIJING, March 27 (Reuters) - BMW AG said it will sign a deal on Thursday with Brilliance China Automotive Holdings to produce the German luxury cars in one of the world's fastest-growing car markets. Under the long-awaited deal, BMW and Brilliance, China's largest van maker, will invest 450 million euros ($480 million) in the venture by 2005, with each side holding a 50 percent stake, BMW said in a statement. "The joint venture in China is a crucial step for the BMW ...
Premium Content (PAID Subscription Required)
"BMW to sign China joint venture production deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642