{"id":77203,"date":"2024-01-16T12:19:00","date_gmt":"2024-01-16T12:19:00","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=2913800"},"modified":"2024-01-16T12:19:00","modified_gmt":"2024-01-16T12:19:00","slug":"brilliance-auto-could-sell-25-stake-in-its-bmw-joint-venture","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2024\/01\/16\/brilliance-auto-could-sell-25-stake-in-its-bmw-joint-venture\/","title":{"rendered":"Brilliance Auto Could Sell 25% Stake In Its BMW Joint Venture"},"content":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/BMW-Brilliance-3-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 15px;\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/BMW-Brilliance-3-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/BMW-Brilliance-3-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/BMW-Brilliance-3-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/BMW-Brilliance-3-1536x864.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/BMW-Brilliance-3.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/div>\n<p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<html><body><\/p>\n<p>Chinese car manufacturer <a href=\"https:\/\/www.carscoops.com\/tag\/brilliance\/\">Brilliance Auto Group<\/a> is considering selling its remaining 25% stake in its joint venture with BMW in a bid to raise funds.<\/p>\n<p><!--  [Mobile]med_rect_atf --><\/p>\n<div data-pw-mobi=\"med_rect_atf\" id=\"pwMobiMedRectAtf\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectAtf\");\n  })\n<\/script><\/p>\n<p>The firm&rsquo;s joint venture with BMW serves as its most valuable asset and accounts for almost all of its net income. The duo originally had a 50-50 partnership but BMW spent &euro;3.6 billion ($3.9 billion) in 2022 to lift its stake in the joint venture to 75%. Brilliance is currently in the midst of a restructuring after <a href=\"https:\/\/www.carscoops.com\/2020\/08\/bmw-china-jv-partners-parent-company-facing-debt-issues\/\">defaulting on debt payments in 2020<\/a> and being fined for numerous violations, including fabrication of earnings reports.<\/p>\n<p><em><a href=\"https:\/\/www.autonews.com\/china\/owners-bmws-china-partner-could-sell-jv-stake-automaker\">Auto News<\/a><\/em> understands that no final decision has been made about whether or not the company will sell its 25% stake in the BMW joint venture.<\/p>\n<div class='in-asd-content'>\n<h6>advertisement scroll to continue<\/h6>\n<div data-pw-desk='med_rect_atf' id='pwDeskMedRectAtf'><\/div>\n<p><script type='text\/javascript'>\n  window.ramp.que.push(function () {\n      window.ramp.addTag('pwDeskMedRectAtf');\n  })\n<\/script>\n<\/div>\n<p><!--  [Mobile]med_rect_btf --><\/p>\n<div data-pw-mobi=\"med_rect_btf\" id=\"pwMobiMedRectBtf1\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectBtf1\");\n  })\n<\/script><\/p>\n<p><strong>Read: <a href=\"https:\/\/www.carscoops.com\/2022\/02\/bmw-pays-4-2-billion-to-take-controlling-share-of-its-brilliance-auto-chinese-joint-venture\/\">BMW Pays $4.2 Billion To Take Controlling Share Of Its Brilliance Auto Chinese Joint Venture<\/a><\/strong><\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/04\/2017-BMW-Brilliance-production.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/04\/2017-BMW-Brilliance-production.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/04\/2017-BMW-Brilliance-production-400x267.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/04\/2017-BMW-Brilliance-production-768x512.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2021\/04\/2017-BMW-Brilliance-production-1024x683.webp 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/04\/2017-BMW-Brilliance-production.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/04\/2017-BMW-Brilliance-production-400x267.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/04\/2017-BMW-Brilliance-production-768x512.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/04\/2017-BMW-Brilliance-production-1024x683.jpg 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" Brilliance Auto Could Sell 25% Stake In Its BMW Joint Venture\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2021\/04\/2017-BMW-Brilliance-production-1024x683.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            <\/figure>\n<p>        <\/a>  <\/p>\n<p>As part of the firm&rsquo;s restructuring, the government of Chinese city Shenyang will repay Brilliance Auto&rsquo;s creditors 16.4 billion yuan ($2.3 billion) in installments in exchange for a 29.99% stake in Brilliance China. Government officials claim to be unaware of any potential sale and representatives from Brilliance China have not responded to requests for comments on the report.<\/p>\n<p>The <a href=\"https:\/\/www.carscoops.com\/tag\/bmw\/\">BMW<\/a> Brilliance Automotive joint venture operates both a research and development center as well as a powerplant plant in Shenyang. The joint venture intends to invest 10 billion yuan ($1.4 billion) in a battery assembly plant and will start to manufacture the German marque&rsquo;s Neue Klasse-based battery-electric vehicles in Shenyang from 2026. It currently builds seven models and has an annual production capacity of 830,000 vehicles.<\/p>\n<div id=\"taboola-mid-article\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-a-mid',\n    container: 'taboola-mid-article',\n    placement: 'Mid Article',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<div id=\"taboola-mid-article-thumbnails-organic\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-oc-2x1',\n    container: 'taboola-mid-article-thumbnails-organic',\n    placement: 'Mid Article Thumbnails Organic',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<p>Media reports suggest that China FAW Group Co is involved in the deliberations on what to do with Brilliance.<\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/05\/BMW-Brilliance-Recycling-6.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/05\/BMW-Brilliance-Recycling-6.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/05\/BMW-Brilliance-Recycling-6-400x273.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/05\/BMW-Brilliance-Recycling-6-1024x698.webp 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/05\/BMW-Brilliance-Recycling-6-768x523.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2022\/05\/BMW-Brilliance-Recycling-6-1536x1046.webp 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/05\/BMW-Brilliance-Recycling-6.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/05\/BMW-Brilliance-Recycling-6-400x273.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/05\/BMW-Brilliance-Recycling-6-1024x698.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/05\/BMW-Brilliance-Recycling-6-768x523.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/05\/BMW-Brilliance-Recycling-6-1536x1046.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\" Brilliance Auto Could Sell 25% Stake In Its BMW Joint Venture\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2022\/05\/BMW-Brilliance-Recycling-6-1024x698.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            <\/figure>\n<p>        <\/a><br \/>\n     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Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training. \r\n<br><br>Contact us right away. <br><br>Email (Prefer using email to contact us): <br>SalesExecutive@ITSec.vip<\/p>","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2024\/01\/BMW-Brilliance-3-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\"><\/div>\n<p>The Chinese company owns just a 25% stake in the partnership after BMW took a controlling percentage in 2022<\/p>\n","protected":false},"author":346,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267,6165],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-77203","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","category-news","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/77203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/346"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=77203"}],"version-history":[{"count":0,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/77203\/revisions"}],"wp:attachment":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/media?parent=77203"}],"wp:term":[{"taxonomy":"category","embeddab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