Hush deal could move MinisBusiness | Bloomberg and Dominique Nguy 13 Oct 2017
BMW is working on a deal to take manufacture of the iconic Mini brand outside Europe for the first time, say people with knowledge of the plan.
The German company is discussing a possible outsourcing agreement with China's Great Wall Motor (2333) to produce the small car for export. The deliberations are private.
Trading of Great Wall Motor halted in the morning yesterday, pending the release of clarification on press articles.
The British-designed vehicle, built to tackle soaring fuel prices in the late 1950s, has evolved over the years and the vehicles are now produced in Britain and the Netherlands.