BMW Group extends joint venture contract in China until 2040
Green Car Congress
FEBRUARY 14, 2022
The BMW Group has extended the contract for the BMW Brilliance Automotive Ltd. (BBA) joint venture until 2040. The agreement on the contract extension was signed by the two joint venture partners back in October 2018, on BBA’s 15 th anniversary. The corresponding amendment to the contract comes into force with the new “business licence”, which BBA received today from the relevant Chinese authorities.
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