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BMW to produce X5 high-end SUV in China
On October 11 Brilliance Auto announced that it will sell its 25% stake in Brilliance BMW to BMW. After this acquisition, BMW will hold a 75% stake in Brilliance BMW, while Shenyang Jinbei Auto will hold a 25% stake. BMW and Brilliance will extend their JV contract to 2040. They will further increase Brilliance BMW’s....
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