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China regulator approves joint venture set up by Mercedes-Benz and BMW Brilliance

China regulator approves joint venture set up by Mercedes-Benz and BMW Brilliance © Reuters. FILE PHOTO: The logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer in Brussels, Belgium June 1, 2023. REUTERS/Yves Herman/File Photo           BMWG +0.98%      Add to/Remove from Watchlist         Add to Watchlist   Add Position

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BEIJING (Reuters) - China's market regulator approved a joint venture set up by Mercedes-Benz (OTC:MBGAF) (China) Investment Limited and BMW (ETR:BMWG) Brilliance Automotive Ltd, the State Administration for Market Regulation said in a statement released on Sunday.


China regulator approves joint venture set up by Mercedes-Benz and BMW Brilliance   2