Brilliance parent seeks to restructure

BMW Brilliance web.jpg — BMW's Shenyang plant in China is pictured. (Fabian Kirchbauer)

By:

Reuters

November 16, 2020 10:35 AM

SHANGHAI/BEIJING -- China's Huachen Automotive Group, parent of BMW's China joint venture partner Brilliance Automotive Holdings, said Monday that its creditors had applied to a Chinese court to restructure the company.

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