BMW has been forced to deny it plans to sell the Oxford Mini plant to Chinese carmaker Great Wall, after a German magazine reported that the move was being considered as part of a wider overhaul of the lossmaking brand.
The Munich-based carmaker, which also owns Rolls-Royce Motor Cars, already has a joint venture with Great Wall Motors in China to manufacture a smaller version of the electric Mini from 2023.
But Germany’s Manager Magazin reported on Thursday that the carmaker was considering options for the Mini operations outside China — including folding the entire business into the joint venture with Great Wall.
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