CHINESE FIRM STARTS MAKING BMW MOTORCYCLE

AsiaInfo Services, December, 2005

AsiaInfo Services 12-28-2005 Chinese Firm Starts Making BMW Motorcycle CHONGQING, Dec 28, 2005 (SinoCast via COMTEX) -- Chongqing Loncin Industry (Group) Co. announced on December 26 that it had completely launched the cooperative program with BMW AG, the world's leading automaker. This is the first time for the Chongqing-based motorcycle manufacturer to disclose the development of this issue since it was reported to be in talks with the German company in September. Loncin Group confirmed it signed the agreement in August, indicating the beginning of BMW's so-called motorcycle China cooperation program. The technical specialists from BMW have been in place so far and will provide necessary aid to the Chinese private motorcycle maker. The two sides both did not...

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