11
Feb
12:11
BMW Group expands Chinese JV share, contract
BMW Group said Friday its Chinese joint venture BMW Brilliance Automotive (BBA) started on Friday a contract extension running until 2040, following the receipt of a new business licence by Chinese authorities.
BBA was founded in 2003 with Brilliance China Automotive Holdings (CBA), and in 2018 the partners agreed to extend their cooperation. BMW Group has now increased its ownership in the JV to 75% -- from a previous 50% stake. Its Chinese partner indirectly ho…
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Anonymous
Very good overview of the weekly steel market.
Anonymous