BMW to spend $4.1bn to take management of its China enterprise (News)

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Reuters

Carmaking large BMW needs to take management of its three way partnership in China and is ready to pump billions extra into its manufacturing capability within the nation.

The German agency will spend 3.6bn euro ($4.16bn; £3.14bn) to up its stake in Brilliance Automotive from 50% to 75%.

The Mini maker…

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