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BMW says developing joint venture with China"s Brilliance

German carmaker BMW said it was developing its joint venture with China's Brilliance but did not confirm reports it would raise its stake in BMW Brilliance Automotive (BBA)......»»

Category: topSource: reutersJul 12th, 2018

GE and Rolls Royce finalists for Chinese-Russian CR929 jet engine: designer

The Russian-Chinese joint venture developing a new long-haul jet is choosing between General Electric's GEnX and Rolls Royce's Trent 7000 engines and plans to make a decision by the first half of next year, one of its chief designers said......»»

Category: topSource: reutersNov 7th, 2018

Honda and GAC Group to build $430 million Chinese plant for new-energy cars

Honda Motor Co's joint venture with GAC Group will invest 3.27 billion yuan ($469 million) in new-energy vehicle production in China, GAC said in a stock exchange filing on Wednesday......»»

Category: topSource: reutersOct 31st, 2018

Daimler and Geely in ride-hailing tie-up in China

Germany's Daimler is setting up a ride-hailing joint venture in China with Geely Group [GEELY.UL], in a sign the Chinese firm is making progress in its drive for closer relations with the maker of Mercedes-Benz cars......»»

Category: topSource: reutersOct 24th, 2018

Daimler, Geely form mobility services joint venture in China

German carmaker Daimler on Wednesday said it will form a premium ride-hailing joint venture in China together with Geely Group, the first such step since Geely chairman Li Shufu took a 9.69 percent stake in the German carmaker......»»

Category: topSource: reutersOct 24th, 2018

Ford’s China Sales Fall in September

Ford Smart Mobility enters joint venture contract with Zotye to provide electric vehicle solutionsRelated Stocks: F,.....»»

Category: personnelSource: nytOct 12th, 2018

Door opens for UBS to take majority ownership of China JV

UBS Group AG may have moved a step closer towards becoming the first foreign bank to hold majority ownership of its Chinese investment banking operations, after two of its joint venture partners said they had put their stakes up for sale......»»

Category: topSource: reutersOct 12th, 2018

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......»»

Category: topSource: reutersOct 11th, 2018

BMW to spend $4 bln for control of China business

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

Category: videoSource: reutersOct 11th, 2018

BMW to Take Control of China Joint Venture in $4 Billion Deal

BMW is the first foreign auto maker to take advantage of Beijing’s easing of long criticized rules that limit foreign ownership in the sector......»»

Category: topSource: wsjOct 11th, 2018

BMW to take control of Chinese joint venture BMW Brilliance Automotive

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 11th, 2018

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......»»

Category: topSource: reutersOct 11th, 2018

BMW to Take Control of China Joint Venture

The deal comes as Beijing plans to eliminate a limit on foreign ownership of automotive ventures by 2022, the year the $4.1 billion deal is set to close......»»

Category: topSource: wsjOct 11th, 2018

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......»»

Category: topSource: reutersOct 11th, 2018

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......»»

Category: topSource: reutersOct 10th, 2018

Daimler eyes joint venture with China"s Geely: Bloomberg

German vehicle manufacturer Daimler AG is in talks with China's Geely Holding Group Co to set up a joint venture to offer ride-hailing and car-sharing services in China, Bloomberg reported, citing sources......»»

Category: topSource: reutersOct 9th, 2018

GM will recall more than 3.3 million vehicles in China - market regulator

General Motors' joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China's market regulator said on Saturday......»»

Category: topSource: reutersSep 29th, 2018

GM will recall more than 3.3 million vehicles in China: market regulator

General Motors' joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China's market regulator said on Saturday......»»

Category: topSource: reutersSep 29th, 2018

Exclusive: Hyundai to ship China-made cars to Southeast Asia amid erratic sales recovery

Hyundai Motor Co plans to ship China-made cars to Southeast Asia, its China joint venture and two people familiar with the matter told Reuters, as a plunge in Chinese sales has left much of its massive local manufacturing capacity idled......»»

Category: topSource: reutersAug 29th, 2018

China Eastern, Japan Airlines team up to tap Chinese tourism boom

China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they would form a joint venture (JV) to capitalize on a boom in Chinese tourism, in the first such deal between a Chinese and Japanese carrier......»»

Category: topSource: reutersAug 2nd, 2018

China Eastern, Japan Airlines form JV to tap Chinese tourism boom

China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they would form a joint venture to capitalize on a Chinese tourism boom, in the first such deal between a Chinese and Japanese carrier......»»

Category: topSource: reutersAug 2nd, 2018