Has BMW Been Acquired by Volkswagen?

[OAvery]

BMW has not been acquired by Volkswagen. BMW is the only independent group among luxury car manufacturers, with three brands under the BMW Group: Mini, BMW, and Rolls-Royce. Volkswagen, on the other hand, is an automobile manufacturing company headquartered in Wolfsburg, Germany, and is the core enterprise of the Volkswagen Group, one of the world's four largest automobile manufacturers. Relevant information about joint-venture vehicles is as follows: 1. Introduction: A project jointly established by Chinese and foreign investors. The Chinese side contributes by providing land and factory usage rights, as well as capital; foreign investors contribute brands, technology, capital, talent, etc. Joint-venture vehicles are the products of such collaborations. Foreign parties provide technology, talent, brands, etc., for domestic assembly, but core technologies remain under foreign control. 2. Joint-venture brands under the FAW Group include: FAW-Volkswagen, FAW-Audi, FAW-Mazda (all produced in Changchun, Jilin), and FAW-Toyota (produced in Changchun, Jilin; Tianjin; and Chengdu, Sichuan).