Tag Archives: BMW Brilliance Automotive

BMW Group Posts Record Revenues, Earnings, Profits for 2021

Posted on 10 March 2022 by Ken Zino

Deliveries were up 8.4%, to 2,521,514 units, of which 13% were electrified vehicles (328,314 units, +70.4% YOY). Group revenues rose to.€111,239 million (prev. yr.: €98,990 million, +12.4%). Group net profit reached a new all-time high of €12,463 million (prev. yr.: €3,857 million, +223.1%). Continue reading →

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BMW Takes Majority Share in Chinese JV Brilliance Automotive

Posted on 11 February 2022 by Ken Zino

BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd., indirectly holds the remaining 25%. Last year, a total of 846,237 BMW Group vehicles were delivered to customers in the Chinese market (+8.9% compared to 2020). In 2021, BBA produced more than 700,000 BMW vehicles, with around 23,000 employees. Continue reading →

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