Articles Tagged with "BMW"

BMW said to be first to lift equity in China’s JV to 75%
BMW said to be first to lift equity in China’s JV to 75%

German media reported that BMW will lift its equity to 75% in its JV in China, which is a significant milestone in auto industry and will also exert great influence on the Chinese auto market.

Jul. 12 , 2018
118th partner, BMW joins Baidu Apollo to serve China market
118th partner, BMW joins Baidu Apollo to serve China market

German premium automaker BMW Group and Chinese Internet giant Baidu signed a Memorandum of Understanding (MoU) on July 10, under which the BMW Group will join the Apollo, Baidu’s open autonomous driving platform.

Jul. 10 , 2018
BMW, GWM sign contract on JV operation
BMW, GWM sign contract on JV operation

In the presence of China’s Prime Minister Li Keqiang and Germany’s Chancellor Angela Merkel, BMW (Netherland) Holding Ltd. (BMW) awarded a contract on joint venture (JV) operation with China’s Great Wall Motor (GWM) on July 10.

Jul. 10 , 2018
BMW-Great Wall Motor JV said to be located  in Changzhou
BMW-Great Wall Motor JV said to be located in Changzhou

The joint venture of Great Wall Motor (GWM) and BMW will reportedly be located in Changzhou. According to local media, GWM has conducted recruitment secretly in Changzhou recently, saying the employees will work at Jintan District, Changzhou.

May 23 , 2018
GWM targets over 51% shares in JV with BMW Group
GWM targets over 51% shares in JV with BMW Group

Chinese automaker Great Wall Motor (GWM) reportedly wants to control over 51% shareholdings in the JV with BMW Group, the company revealed at a meeting with some board directors from BMW Group before the conclusion of Auto China 2018.

May 21 , 2018
Beijing gets largest BMW R&D center outside of Germany
Beijing gets largest BMW R&D center outside of Germany

German luxury vehicle brand BMW officially opened a R&D center in Beijing on May 15. This is the third BMW’s R&D center in China, also the company’s largest R&D center aside from its German headquarter.

May 15 , 2018