April 2, 2003
BMW Group and Brilliance sign joint venture for China production
Munich/Beijing – The BMW Group and Brilliance China Automotive Holdings Limited signed a contract on Monday for a production and distribution joint venture in China at the Great Hall of the People in Beijing.
The signing paves the way for the planned local production of BMW cars in Shenyang, the capital of Liaoning Province in the North-East part of the People’s Republic of China. The contract was signed by Dr. Helmut Panke, Chairman of the Board of Management of BMW AG, together with Mr. Wu Xiao An, Chairman of Brilliance China Automotive Holdings Limited. Top ranking officials from relevant ministries in Beijing, Governor Bo Xilai of Liaoning Province, German Ambassador Mr. Broudré-Gr