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China’s Great Wall says in talks with BMW for Mini cooperation, no JV signed yet

China’s Great Wall says in talks with BMW for Mini cooperation, no JV signed yet
A man takes a look at second-hand BMW cars at a dealer shop in Beijing, China, September 11, 2015. (File photo by Reuters)
Updated 13 October 2017

China’s Great Wall says in talks with BMW for Mini cooperation, no JV signed yet

China’s Great Wall says in talks with BMW for Mini cooperation, no JV signed yet

SHANGHAI: China’s Great Wall Motor Co. Ltd. on Friday said it was in talks with BMW to cooperate on vehicles including those the German firm produces under the Mini brand, and that the pair have not yet agreed on any new ventures.
Great Wall made the comments in a stock exchange filing.
Reuters earlier this week reported the two automakers were looking to establish a joint venture in China.
Great Wall said trading in its Hong Kong and mainland-listed shares would resume on Monday. The company suspended trading in the shares on Oct. 12 and Sept. 29 respectively.
BMW, in a separate statement, said it aimed to expand business in China and could imagine partnership and cooperation for the Mini brand.