Himfr.com Reports Bmw And Brilliance Auto Will Introduction Of New Models
At 2:00 p.m
At 2:00 p.m. on November 12, the BMW Group and Brilliance Group will jointly announce a major co-operation in the Great Hall of the matter, informed sources, the two sides will announce the BMW Brilliance joint to raise capital, for the expansion of production capacity and the introduction of new models.November 9, Brilliance BMW issued a letter of invitation to the media, saying the company will be held November 12, 2009 in Beijing's Great Hall released an important business strategy.
Shareholders of both companies and related government-led top management will also attend this event. The informed sources, involved in replenishment of 40 million yuan, but it was not clear that this is a party capital contributions by shareholders or the shareholders of both companies shared the total capital increase. After the capital increase, BMW Brilliance will expand production capacity, introduce new models. BMW Brilliance part of the future production of BMW cars is expected to be exported.
Is not possible to determine on the 12th day, Brilliance and BMW will announce whether the two sides to build a second plant to open, but the opening of BMW Brilliance is indeed imperative to build a new plant.
Brilliance Group and BMW Group, a joint venture established in 2003, BMW Brilliance, the initial design capacity of 30000. However, after five years of development, BMW Brilliance has a serious shortage of capacity. Therefore, the opening is imperative to build a second plant. At present, the BMW in China's luxury car market share of less than the Audi, but higher than the Mercedes-Benz and Lexus. Since the global financial crisis, luxury car manufacturers are increasing the investment in the Chinese market. In October 2008, FAW-Volkswagen Audi new assembly plant, makes the Audi production capacity from 100,000 to expand to 20 million.
To build a new plant will significantly increase the capacity of BMW Brilliance, it helps to shorten the gap between Audi in the Chinese market. By then, the BMW Group, BMW Brilliance will import the new products, there have been reports the possible introduction of the BMW X3, In addition, the BMW 1 Series is also made possible. At present, production of BMW Brilliance BMW 3 Series and BMW 5 Series sedans. Prior to this, there is news that SAIC will work with the BMW Group co-production BMW 7 Series sedan, but the Shanghai Automotive Industry Group and BMW in quickly denied this news.
BMW Group recently released in 2009, the first ten months, the BMW Group in mainland China continued to rise significantly, a total of 71952 deliveries to customers BMW and MINI brand vehicles, an increase of 36.7%. One, BMW brand increased 37.1%, reaching 68,610 units. MINI brand grew 28.9%, reaching 3,342 units. In October alone, a total of 9,558 vehicles, BMW and MINI vehicles delivered to customers over last year's growth of 81%.
by: Frbiz