Shanghai, June 17 (Gasgoo.com) FAW Group and Brilliance Auto are in talks for merger and restructuring, and FAW is expected to buy controlling stake in Brilliance, the 21st Century Business Herald reported today, citing sources familiar with the matter.
Dec. 4, 2008 (China Knowledge) - Brilliance China Automotive Holding Ltd (Brilliance Auto)<1114>, the first Chinese auto maker listed outside mainland China, announced late Tuesday that it will sell 1.314 billion new shares to its...
Shanghai, November 12 (Gasgoo.com) BMW AG, the world's largest maker of luxury cars, signed an agreement today with its Chinese partner Brilliance Auto to invest $735 million to expand the capacity of their joint venture in China, Reuters reported.
Brilliance Auto, the China-Africa Development Fund and Bavarian Auto Group (BAG) will invest $75 million to build Brilliance Egypt Automotive Manufacturing Co., Ltd. and Brilliance Egypt Automotive Sales Co., Ltd in the Economic and Trade Cooperation Zone of Egypt. The three sides signed the stra...
Brilliance Auto, the Chinese partner of BMW AG, may soon reach a deal with Daimler AG and Toyota Motor Corp to make special purpose vehicles in China, a company source said on Friday, Reuters reported. Sources last month said that the companies are planning to set up a plant to convert Mercedes-Benz...
Shanghai, August 24 (Gasgoo.com) Brilliance Auto will set up a wholly-owned subsidiary making special purpose vehicles (SPV) in China very soon, the Beijing News reports Monday.
Brilliance Auto plans to launch new cars, including the A4 and Brilliance BS6 taxi next year to boost sales, according to Qi Yumin, board chairman of the company. "I'm quite sure we will mainly focus on two types of cars, the A level and C level," explained Qi. "A0-level cars are also under consi...
Brilliance Auto, the Chinese partner of BMW AG, is going through regulator procedures in Europe hoping to be able to sell its original BS4 Wagon in the European market, company executives said on Wednesday, sources reported.The Chinese auto maker has sold about 4,000 BS4 and BS6 sedans in Europe since...
Shanghai, August 3 (Gasgoo.com) Brilliance Auto, the Chinese partner of BMW AG, is in talks with Daimler AG to form a special purchase vehicle (SPV) joint venture in China, according to newspaper reports.
State-owned Brilliance Auto, the parent of Brilliance China Automotive Holding Ltd<1114>, may set up a joint venture with Daimler AG to make special purpose vehicles, executives at the company said, Reuters reported on Monday. The two companies are in talks on the JV plan, which may involve setting up a new...