Bmw To Take Control Of China Joint Venture

The deal comes as Beijing plans to eliminate a limit on foreign ownership of automotive ventures by 2022, the year the $4.1 billion deal is set to close.

Topics:  beijing   venture   deal   
BING NEWS:
  • Alibaba’s smart speaker to feature in Audi, Renault, Honda cars
    SHANGHAI — China’s Alibaba Group Holding ... the speaker will also allow drivers to monitor and control smart devices at houses equipped with a Tmall Genie-compatible device, Alibaba said in a joint ...
    06/12/2019 - 5:06 am | View Link
  • BMW: One Of The Cheapest European Companies
    Following this change, BMW was the first foreign producer that announced its move to gain control of its Chinese joint venture. After the deal, BMW will own 75% of Brilliance China Automotive ...
    06/11/2019 - 3:11 am | View Link
  • Audi, Renault, Honda to use Alibaba’s smart speaker
    Audi, Renault and Honda vehicles in China ... in a joint statement with the three carmakers, said that in the near future, the Tmall Genie Auto will also allow drivers to monitor and control ...
    06/10/2019 - 11:56 pm | View Link
  • BMW to recall 360,000 China cars over Takata airbags
    The recall will affect nearly 273,000 models built by BMW's joint venture with Chinese manufacturer Brilliance Automotive and more than 87,000 imported BMW cars, China's State Administration for ...
    04/16/2019 - 10:36 pm | View Link
  • BMW to pay $4.1bn for control of China-joint venture
    Germany’s BMW announced that it will take majority control of its main China joint venture for €3.6 bn equivalent to $4.1bn, the first such move by a global car manufacturer, as Beijing starts to ...
    10/15/2018 - 11:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News