![]() Apr. 23, 2009 (China Knowledge) - Bayerische Motoren Werke AG (BMW) and its Chinese partner Brilliance China Automotive Holding Ltd<1114> may invest RMB 2 billion into their second manufacturing plant, a senior official of Brilliance Auto said on Monday, Reuters reported. BMW Brilliance Automotive Ltd, the joint venture between the two companies, plans to increase its annual production capacity by 75,000 to 80,000 units by the second half of 2010 as compared to the current 30,000 units. However, the official did not reveal the BMW models to be produced at the second plant and said some details were not yet finalized. BMW's Shenyang plant currently manufactures BMW 3 series and 5 series. The automaker said its first-quarter car sales increased 13.8% year on year to hit 16,580 units from 14,574 units in the Chinese mainland last year. Copyright © 2009 www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI | ![]()
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