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BMW says China remains a vital market even as JV partner warns on profit

2015-07-14 07:12:57| Automakers - Topix.net

BMW Group reiterated its belief that China will remain an important market, even as its Chinese joint-venture partner Brilliance China Automotive warned about a 40 percent decrease in profit in the first half of 2015. Brilliance on Monday said it expected the decrease in profit attributed to equity holders, to be caused mainly by a drop in the results of BMW Brilliance Automotive.

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