83449
Volkswagen’s auto designer Italdesign and Airbus at last year’s Geneva Auto Show presented a two-seater flying car.
Volkswagen’s auto designer Italdesign and Airbus at last year’s Geneva Auto Show presented a two-seater flying car.

BMW Declined Offer From Chinese Investor

BMW Declined Offer From Chinese Investor

Before Li Shufu rose to become the largest single shareholder at Mercedes-Benz through the acquisition of almost 10% of Daimler’s shares, the billionaire was apparently also in talks with the BMW Group.  As Spiegel reports, there were also talks between BMW and the Geely founder in the runup to the Daimler share purchase.  Li is said to have promised BMW improved access to the Chinese market, including through his contacts with the Chinese government, BMW Blog reported. In return, Li Shufu did not want a stock package, but cooperation in the construction of electric cars. However, the BMW Group decided to go down a different path and recently announced cooperation between MINI and Great Wall to build the electric car MINI E in China.

 

Short URL : https://goo.gl/oXVpwY
  1. https://goo.gl/c6cfFV
  • https://goo.gl/SphQJf
  • https://goo.gl/YdJmgw
  • https://goo.gl/gfwA4E
  • https://goo.gl/1ALpgS

You can also read ...

Stadler Rail’s business with Iran is worth billions of Swiss francs.
In early March, the Swiss Embassy in Tehran gladly announced a...
Grab Clinches Deal With HSBC
Ride-hailing startup Grab has secured a $370 million five-year...
Audi CEO Arrested Over Diesel Scandal
Audi CEO Rupert Stadler was arrested in Munich on Monday in...
Iran to Increase Exports to US Despite Sanctions
A senior Iranian trade official has announced that the country...
Iran Proposes to Set Up IMO Offices in West Asia
The Ports and Maritime Organization of Iran has announced its...
Over 2.55 billion shares worth $169.2 million were traded at TSE on June 18.
Tehran stocks showed no signs of backing down on their rally,...
Trends in Housing Sales, Rents
The Statistical Center of Iran has presented crucial data...
Gov’t Loans for Apparel Production in Rural Areas
The government has begun the process of allocating loans to...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus