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Why Did BMW And Brilliance Auto Group Joint Venture?

BMW Brilliance Automotive Ltd. (BBA), a joint venture between BMW Group and Brilliance Group, was established in May 2003. Its commercial activities consist of R&D,… To take control of a Chinese JV, BMW pays $4.2 billion. As previously announced in 2018 when China declared it would start easing ownership regulations in the auto industry, the …

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