BMW's Mini Talks in China Show Brexit Pressure Building in U.K.
- China’s Great Wall said in talks to make iconic British brand
- BMW sees ‘uncomfortable scenario’ on looming UK trade tariffs
Great Wall, BMW Said Working on Mini Car Deal
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BMW AG’s discussions over making Minis in China could deal a blow to the quintessentially British brand’s U.K. operations, already under threat because of Brexit.
The German automaker, which bought Mini in 1994, is working on a deal with Chinese sport utility vehicle manufacturer Great Wall Motor Co. to build the cars for export, according to people familiar with the talks who asked not to be identified. Should an agreement be struck, it would mark the first time the iconic car would be made outside of Europe.