BMW to buy control of China venture in 'new era' for foreign carmakers

Germany's BMW will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market.

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5 Related Articles, between 2018-10-11 and 2018-07-11

BMW to gain control of China venture for $4.2 billion in milestone deal. Germany's BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market. >>

BMW to gain control of China venture in 'new era' for foreign carmakers. Germany's BMW said it will take control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market. >>

BMW to gain control of China venture in milestone deal for foreign carmakers. Germany's BMW said it will take majority control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market. >>

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Reuters: BMW to buy control of China venture in 'new era' for foreign carmakers

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5 Related Articles, between 2018-10-11 and 2018-07-11