Is BMW Brilliance a Sino-German Joint Venture?
1 Answers
Yes. BMW's joint venture brand in China is BMW Brilliance, which is a joint venture company and brand established by Germany's BMW and China's Brilliance Group. In fact, BMW Brilliance is also a "British-Dutch joint venture," meaning it is a joint venture company in China between British and Dutch enterprises. Related information: 1. Introduction: BMW Brilliance Automotive Ltd. is a joint venture established through investment by BMW Group and Brilliance China Automotive Holdings Ltd., engaged in the manufacturing, sales, and after-sales service of BMW brand vehicles. 2. Equity: In May 2003, BMW Brilliance Automotive Ltd. was registered and established, with its registered address and production plant located in Shenyang, the capital of Liaoning Province. On October 11, 2018, BMW Brilliance was partially acquired by BMW Group for 3.6 billion euros, with the agreement concluding at the end of 2022.