BMW To Outsource Mini Production To China's Great Wall

Andrew Cummings
October 13, 2017

Sergio Marchionne, CEO of FCA said his company won't consider selling Jeep as a separate entity and rejected the idea of making a deal with Chinese rival Great Wall Motor Co, reports Bloomberg.

BMW AG (BMW.XE) plans to diversify partnerships to grow its Mini brand in China, the company said following reports that it was in talks with Chinese auto maker Great Wall Motor Co.

Another person familiar with the matter said the new joint venture in the eastern city of Changshu would not deal with gasoline or diesel powered cars, indicating a focus on electric vehicles was likely.


The carmakers have been discussing plans to launch electric and conventional Mini models for 18 months, Great Wall said in a stock exchange filing that described the talks as preliminary.

BMW's China sales grew 11.3 percent a year ago.

If the JV project moves ahead, it will be BMW's second partnership operation in China. Talks with BMW are still at a preliminary stage and it is uncertain whether the cooperation will commence, the Chinese vehicle maker said.


Brilliance China Automotive Holdings, which makes cars in a venture with BMW, rebounded 4.9% at 10.01am in Hong Kong after falling 2.1% on Wednesday.

If successfully concluded, the BMW-Great Wall talks could yield a first foreign manufacturing partner for Great Wall and a first Mini assembly site outside Europe for the German group.

Trading would be suspended pending clarification of press articles, the company said.


The German vehicle maker said that it was in the midst of strategic development and expansion of its Mini brand, including diversification of partnerships and new cooperation models.

Other reports by iNewsToday

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