BMW set to partner with Great Wall Motors
It is being reported that BMW are looking to outsource their Mini Production to Great Wall Motors
Great Wall Motors saw their share price rocket by 14% following speculation that BMW are to partner with the Chinese car manufacturer to produce the iconic British born Mini.
Following the release of the Mini EV hatchback at the Frankfurt Motorshow, Mini fans have been left stunned by the recent speculation. BMW say that the idea is to have Great Wall Motors produce an export which would bring the production of the Mini outside of Europe for the first time in history. In September, the Chinese government announced that all car manufacturers would need to produce a minimum number of electric vehicles, which could partially explain BMW's decision however an official statement is yet to be released on the exact details.