BMW AG increases stake in Chinese JV BMW Brilliance Automotive to 75%

BMW AG increases stake in Chinese JV BMW Brilliance Automotive to 75%

Bayerische Motoren Werke Aktiengesellschaft (BMW AG) has acquired an additional stake of 25% in BMW Brilliance Automotive (BBA), the company’s Chinese joint venture (JV) with Brilliance China Automotive Holdings. Headquartered in Shenyan, BMW Brilliance Automotive is an automobile manufacturing company, which is mainly engaged in the production, distribution, and sale of BMW passenger cars in […]