BMW, Great Wall in Talks to Roll Mini Into China
Great Wall Motor Co. Ltd. said Friday that it is in talks for a joint venture to make BMW’s Mini car models in China, ending days of speculation that had sparked a rally for the Chinese company’s shares.
A site for the venture is still being discussed, according to Great Wall, which has no previous relationship with the German auto giant. The new partnership would be the second car-making venture for BMW in China, following its older joint venture with Brilliance China Automotive Holdings Ltd., based in the northeastern city of Shenyang.
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