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China Daily | Updated: 2014-06-24 07:07
BMW extends partnership with Brilliance for 10 years
Bayerische Motoren Werke AG said it will extend its partnership with its Chinese partner until 2028 as it seeks to challenge Volkswagen AG's Audi in the world's biggest vehicle market. BMW will renew its partnership with Brilliance China Automotive Holdings Ltd for 10 years, according to Karsten Engel, head of BMW's China business. Its current 15-year joint venture agreement is set to expire in 2018.
Great Wall replaces three officials amid sales slump
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