BMW has purchased an additional 25% stake in its Chinese joint venture, BMW Brilliance, following a successful third quarter of the year.
The move, which cost €3.7 billion (£3.2bn) and increases BMW's stake to 75%, comes as the company reports strong growth in the region.
Whereas BMW deliveries were reduced in Europe and the Americas between July and the end of September this year, its Asian business actually grew, to 274,474 units.
