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BMW extends JV with Brilliance China to 2028

BMW has extended its joint venture with Brilliance China Automotive Holdings to the year of 2028, reported the Reuters. BMW has been working with China’s Brilliance since 2003 and built the X1 offroader as well as long-wheelbase versions of its 3-Series and 5-Series cars in plants run by BMW-Brilliance Automotive, a joint venture

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German brands’ SUV sales increase 24.7 percent in August

BEIJING— August sales of German brands’ locally produced SUVs in China reached 33,573 units with a year-on-year growth of 24.7 percent, and their market share was down by 2.6 percentage points to 15 percent. In the first eight months of this year, German brand sales in the segment were 235,370

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