13 Facts About Brilliance Auto

1.

Brilliance Auto intended to delist from NYSE in 2007 and completed in 2009.

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2.

Shenyang Jinbei Automotive and Brilliance Auto Group were separate conglomerates, which the controlling stake of Shenyang Jinbei Automotive was acquired by FAW Group in 1995.

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3.

However, the deal revised into Brilliance Auto agreed to acquire the stake from Shenyang Automobile Industry AMC in 2003.

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4.

In 2003, BMW and Brilliance Auto signed a deal for the production of BMW-branded sedans in China.

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5.

In 2005, Brilliance Auto planned an entry into the newly-formed FIA World Touring Car Championship.

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6.

In 2012, Brilliance Auto Group formed a joint venture Brilliance Shineray in Chongqing with Shineray Group to produce SWM and Jinbei brand automobiles.

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7.

In 2013, Brilliance Auto formed a spin-off, Xinchen China Power Holdings Limited.

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8.

In 2017, Brilliance Auto formed another joint venture Renault Brilliance Jinbei with Renault.

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9.

In November 2020, Brilliance Auto Group went into bankruptcy administration, and announced the default of corporate bonds worth more than CNY6.

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10.

In 2003, BMW and Brilliance Auto agreed to make select products of this German luxury carmaker in China.

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11.

Brilliance Auto then redesigned the car, changing at least sixty components, and it saw a three-star performance in a crash test performed by Spain's Idiada.

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12.

Brilliance Auto then tried to go it alone, but with high pricing and considerable market reluctance after the well-publicized crash test failures, exports to Europe were ended in April 2010 with no immediate plans for resumption.

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13.

In 2015, Brilliance Auto announced it had started joint production with SAIPA of Iran, to produce the H300 and H200 models, under the local brand name of Saipa.

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