Reuters - Video

Edition: US | UK | IN | CN | JP

video Business

BMW to spend $4 bln for control of China business

Thursday, October 11, 2018 - 02:03

BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global automaker as Beijing starts to relax ownership rules for the world's biggest auto market.

▲ Hide Transcript

View Transcript

BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global automaker as Beijing starts to relax ownership rules for the world's biggest auto market.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

BMW to spend $4 bln for control of China business

Thursday, October 11, 2018 - 02:03