"...and the German company's plans to increase its share in its Chinese joint venture to 75% from 50% in 2022 should all help push BMW back to its pre-pandemic operating margin target of 8% to 10%."
I thought Brilliance was exploring bankruptcy? Was BMW pressured to save the company?
"...He said that in polls two thirds of Chinese consumers have said they will switch to other brands and products if they provide a better digital experience.. "
Steep hill to climb.
Edit: In 2018 BMW agreed to increase its share in BBA to 75%. Gosh what timing
__________________
"Drive more, worry less. "
435i, MPPK, MPE, M-Sport Line
|