BMW's Chinese partner enters bankruptcy restructuring

Joint venture with German automaker unaffected but own brands face uncertainty

20201120NY Huachen

Huachen is the parent of Brilliance China Automotive, the joint venture partner of BMW in China. (Photo courtesy of BMW Brilliance Automotive)

KENJI KAWASE and TAKASHI KAWAKAMI, Nikkei staff writers

November 21, 2020 07:33 JST

Updated on November 21, 2020 17:48 JST

HONG KONG/GUANGZHOU -- BMW's partner in China, Huachen Automotive Group Holdings, entered bankruptcy restructuring on Friday.

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