A Chinese company is currently trying to buy the Brazilian factory where BMW produces engines for the MINI according to today’s New York Times. For those that may not be aware, the Tritec plant was created by Chrysler and BMW in 1998 (months before the Daimler Chrysler merger). However now that BMW is producing it’s own engine in conjunction with PSA, it has little need for the Tritec facilities. Similarly Chrysler products originally planned for the engine have been disasters in the market place and are no longer in production that we can find. All of which makes it a perfect opportunity for the Chinese. Here’s an excerpt from a New York Times article about the potential take over:
>In the latest sign of this country’s manufacturing ambitions, a major Chinese company, hand-in-hand with the Communist Party, is bidding to buy from Daimler-Chrysler and BMW a car engine plant in Brazil.
>Because the plant is so sophisticated, it is far more feasible for the Chinese carmaker, the Lifan Group, to go through such an effort to move it 8,300 miles, rather than to develop its own technology in this industrial hub in western China, the company’s president said Thursday.
You can read more below:
[ China Seeking Auto Industry Piece by Piece ] New York Times
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