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Exposed BMW MINI Oxford plant sold to Great Wall Motors BMW responded

Recently, there are reports that BMW will sell the Mini plant in Oxford to The Great Wall Motor, a Chinese automaker.

But BMW responded on Thursday that there was "no doubt" about the future of the plant, stressing that there were no plans to sell the Mini plant in Oxford.

"We are on our way to becoming an all-electric brand by 2030 and the Oxford plant is an integral part of this strategy, which plays a key role in the BMW Group's production strategy as it is highly flexible and competitive, as well as in electric vehicles," BMW said. ”

Exposed BMW MINI Oxford plant sold to Great Wall Motors BMW responded

Although Oxford is home to the MINI brand, which has been producing cars since 1913, BMW has moved some of its production to Europe and Asia after acquiring the brand in 2000.

The next MINI Countryman will be produced at a BMW plant in Germany, while the company also plans to produce more electric models from the Chinese joint venture Great Wall, some of which will be exported.

At present, BMW has established a joint venture with Great Wall Motor to establish a beam car, and will produce pure electric MINI models in the Chinese market in the future, and the first domestic pure electric MINI car will be put into production in 2023.

According to public information, Beam Auto was established by Great Wall and BMW as a joint venture, with each party holding 50% of the shares, with a total investment of 5.1 billion yuan and a registered capital of 1.7 billion yuan.

Exposed BMW MINI Oxford plant sold to Great Wall Motors BMW responded

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