Great Wall to build Mini & BMW’s Cars?

Great Wall Motor said it is in talks to cooperate with BMW over Mini brand cars, a deal if signed could bring production of the small car outside Europe for the first time.

The carmakers have been discussing plans to launch electric and conventional Mini models in China for 18 months, Great Wall said in a statement to the Hong Kong stock exchange on Friday, confirming reports of the talks on Thursday.

The talks are in a preliminary stage and the companies have not entered into any legal agreement to establish a joint venture in China, Great Wall said.

 

BMW said it planned to grow the Mini brand in China with a new local partner, without naming Great Wall. There could even be a stretched version of the Mini Cooper developed just for China. (BMW, Audi, Mercedes and Jaguar already have long versions just for the Chinese market).

Moving some production of the iconic British car to China may help lower manufacturing costs for BMW, which is now in the midst of a costly push for electric vehicles as governments around the world seek to cut pollution caused by fossil fuels.

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