Chinese auto industry

BMW-Brilliance Auto Group Joint Venture in China: German Automaker Pays $4.2 Billion to Take Majority Control

BMW-Brilliance Auto Group Joint Venture in China: German Automaker Pays $4.2 Billion to Take Majority Control

BMW will take majority control of the BMW-Brilliance Auto Group Joint Venture in China after securing the necessary license from the Beijing government. The German automaker will pay $4.2 billion (€3.7 billion at current exchange rates) to take a controlling share. more

China's Increasing Car Sales Trend Continues for the 5th Month

The sales of passenger vehicles of China are continuously increasing for the last 17 months. more

Global Auto Brands, Chinese Government Pushes For EVs To Enter Auto Market

The 2016 Beijing Auto Show saw global auto brands keen on not giving up on the Chinese car market. more

SUVs Demand Drives March's Increase In China Auto Sales

China auto sales increased in March, stimulated by the appetite of Chinese consumers for SUVs. more

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