In 2003, BMW and Brilliance Auto signed a deal for the manufacturing of BMW-branded sedans in China. Its fashions are, alongside FAW Group Audis and Beijing Benz Mercedes Benzes, a few of the only Western luxury cars to have gained recognition within the Chinese market. ), owned 24.38% shares of that company as the most important and controlling shareholder. It was deliberate to inject the stake into the main listed company of the group, Brilliance Auto, in 2003.
- In July 2012, Volkswagen accomplished takeover of Porsche ending the four year saga and fashioned an integrated automotive group with Porsche.
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- Volkswagen AG briefly turned the world’s most valuable firm, as the inventory price