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BMW's China Partner Says Hasn't Received Direction on Stake Sale bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
BERLIN (Reuters) -BMW's partner in China has no plans to sell its stake in their joint venture, a document seen by Reuters on Thursday showed, contradicting media reports earlier this week. "Our company and Brilliance China have never talked about the sale of Brilliance China's 25% stake in BMW Brilliance Automotive," said the letter from Shenyang Automotive Company to BMW dated Jan. 16.
BMW's partner in China has no plans to sell its stake in their joint venture, a document seen by Reuters on Thursday showed, contradicting media reports earlier this week.... -January 18, 2024 at 05:39 am EST - MarketScreener
BMW's Brilliance China Partner Considers Selling JV Stake, Sources Say bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) -- Brilliance China Automotive Holdings Ltd.’s biggest shareholder is considering options to raise funds including selling the company’s 25% stake in its joint venture with BMW AG, according to people familiar with the matter.Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteTaiwan Markets Mixed as Election Result Seen to For
Volcon (NASDAQ:VLCN – Get Free Report) and Brilliance China Automotive (OTCMKTS:BCAUY – Get Free Report) are both auto/tires/trucks companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, profitability, analyst recommendations, institutional ownership, risk and dividends. Institutional & Insider Ownership 3.8% of Volcon shares […]
Volcon (NASDAQ:VLCN – Get Free Report) and Brilliance China Automotive (OTCMKTS:BCAUY – Get Free Report) are both auto/tires/trucks companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, risk, dividends, profitability, institutional ownership and valuation. Institutional & Insider Ownership 3.8% of Volcon shares […]
Renault, Peugeot and Citroen have significantly scaled down their local operations in recent years. The revised subsidy policy the French government released for electric vehicles this week, coupled with the anti-subsidy probe of China-made EVs the EU announced last week, will leave the three French brands with literally no choice but to exit China.