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  HOME | Business & Economy (Click here for more)

Great Wall Confirms Talks with BMW over Building Mini in China

BEIJING – Chinese automaker Great Wall Motors has confirmed that it is in talks with Germany’s BMW to build the Mini model in China.

Following two days of rumors, the Chinese company made the announcement on Friday night via a stock exchange statement, after its shares were suspended from trading on Thursday on the Hong Kong stock exchange.

Great Wall said the talks were preliminary.

It did not say whether the possible manufacture of the Mini would be an electric version or feature a traditional internal combustion engine.

The communication added that so far Great Wall “has not closed” an agreement with BMW to set up a joint venture in China.

The German group already has a joint venture with the Chinese auto company Brilliance.

 

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