BMW will take majority control of the BMW-Brilliance Auto Group Joint Venture in China after securing the necessary license from the Beijing government. The German automaker will pay $4.2 billion (€3.7 billion at current exchange rates) to take a controlling share. more
The sales of passenger vehicles of China are continuously increasing for the last 17 months. more
The 2016 Beijing Auto Show saw global auto brands keen on not giving up on the Chinese car market. more
China auto sales increased in March, stimulated by the appetite of Chinese consumers for SUVs. more