Brilliance Auto

Based in Shenyang in China, Brilliance China Auto makes cars, minibuses and automotive components. It has a car-making joint venture with BMW and a minibus-making joint venture with Toyota.

BMW joint venture helps Brilliance lift profit 52pc

A production line at Brilliance China Automotive in Shenyang. Photo: EPA

Brilliance China Automotive, the Chinese partner of German carmaker BMW, posted a 52 per cent rise in first-half profit from a year ago, driven by increased profit contribution from its joint venture BMW Brilliance as sales boomed.

Friday, 8 May, 2015, 9:59am

Brilliance Auto expects to beat sales growth target

Brilliance Auto sold 67,000 cars in the first four months of the year, but a green car project may pressure profits. Photo: Bloomberg

Brilliance China Automotive Holdings said yesterday it was likely to exceed a sales growth target of 25 per cent for this year, but analysts said the mainland carmaker's new clean-energy-vehicle project and a product upgrade by rival Mercedes-Benz could pressure short-term profit.

8 May 2015 - 9:57am

HK shares of mainland carmakers on a roll

A production line at Brilliance China Automotive in Shenyang. Shares in the carmaker, which makes BMW cars, rose 5.9 per cent yesterday. Photo: EPA

Shares in Hong Kong-listed mainland carmakers jumped on speculation that mainland car buyers will continue to turn their back on Japanese vehicles.

8 May 2015 - 9:59am

Brilliance falls on parent's placement

Shares of Brilliance China Automotive plunged to a one-month low yesterday after they resumed trading following an announcement of a share placement by the carmaker's parent company.

8 May 2015 - 9:59am

Brilliance China Automotive stalls dividend despite 41pc profit rise

Brilliance China says it might pay a dividend next year. Photo: AFP

Brilliance China Automotive will consider declaring a dividend next year after it completes most of its investment projects.

8 May 2015 - 9:59am

City target of German giants

Shenyang's rapid development and transformation into a modern production base has made it increasingly attractive for foreign investors.

30 Nov 2011 - 12:00am

BMW demand boosts Brilliance profits

China overtook the US as the second- biggest market for BMW-branded luxury cars in May, helping the German carmaker's mainland partner boost first-half profits by 84.7 per cent, the firm's chairman said.

25 Aug 2011 - 12:00am

Brilliance-BMW venture eyes expansion

Brilliance China Automotive Holdings and BMW may set up local production of engines for their carmaking joint venture and are mulling exports from their plant in Shenyang, Liaoning, which will more than triple capacity to 300,000 units by 2012.

8 May 2015 - 9:57am

Brilliance China to expand BMW production with second factory

Brilliance China Automotive Holdings will further boost production of BMW cars by building a second manufacturing plant in Liaoning province with an annual capacity of 100,000 vehicles in the third quarter, according to its top executive.

8 May 2015 - 9:57am

Huachen to export Zhonghua model to Russia

Huachen Automotive Group, the parent of Hong Kong-listed Brilliance China Automotive Holdings, aims to export 100,000 Zhonghua cars to Russia in co-operation with a Russian partner.

1 Nov 2007 - 12:00am

Brilliance turnover up in first half but accounting losses eat at profits

Brilliance China Automotive Holdings' losses deepened to 125.73 million yuan in the first half, compared with a loss of 113.59 million yuan last year.

8 May 2015 - 9:57am

Brilliance aims for turnaround

Brilliance China Automotive Holdings, which has made a loss for two years, will turn a profit in the second quarter on strong sales of self-branded Zhonghua sedans and BMW cars, according to chairman Wu Xiaoan.

8 May 2015 - 9:57am

Brilliance bid to narrow losses falls short

Brilliance China Automotive Holdings, a Shenyang-based car and minibus maker, narrowed its loss less than expected last year after sales growth fell short of its target.

Net loss shrank to 398.4 million yuan or 10.86 fen per share from 649.6 million yuan or 17.71 fen in 2005.

8 May 2015 - 9:57am

Carmakers on the road to more robust incomes

All mainland players but Brilliance China to post solid profits

The mainland's vehicles industry, which turned a corner last year after austerity measures led to a lacklustre 2004 and 2005, will reflect its new strength in publicly traded carmakers' earnings results.

8 May 2015 - 9:57am

Mainland cars struggle to win US, Europe over

Brilliance China Automotive has raised its profile in Europe by being the only mainland exhibitor in the Geneva car show last week but market watchers said it would take a while for Europeans and Americans to change their negative views on China-made cars.

12 Mar 2007 - 12:00am

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