BREAKING NEWS

BREAKING NEWS

BMW's key China JV to build a third plant in Liaoning province - govt website

Now Reading:

BMW's key China JV to build a third plant in Liaoning province - govt website

BMW's key China JV to build a third plant in Liaoning province - govt website
@ Copyright :
REGIS DUVIGNAU(Reuters)
Text size Aa Aa

BEIJING (Reuters) - BMW Brilliance Automotive Ltd, the German premium automaker's main Chinese joint venture, will build a third plant in Shenyang city, Liaoning province, according to a statement on the website of China's cabinet on Wednesday.

The move was discussed during a meeting between Chinese Premier Li Keqiang and BMW <BMWG.DE> chief executive Harald Kruger.

BMW's move comes at a time when the trade tensions between the United States and china made it difficult for BMW to efficiently import and sell U.S-produced SUVs. BMW has said the German premium brand might shift some production of those SUVs to China.

(Reporting by Beijing Monitoring Desk, editing by Louise Heavens)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.