China's market regulator approves Mercedes-Benz, BMW joint venture with Brilliance Automotive Ltd.

China's market regulator has approved a joint venture between Mercedes-Benz and BMW Brilliance Automotive Ltd. The State Administration for Market Regulation announced the approval in a statement on Sunday. The joint venture aims to combine the resources and expertise of both companies, allowing them to better compete in the Chinese market.

February 05, 2024
4 Articles