bmw ag said friday that it is increasing its stake in the chinese joint venture with brilliance china automotive holdings ltd after the joint company received the relevant business licence from authorities in china bmws stake in the venture called bmw brilliance automotive ltd increases to 75 from 50 and it will be fully consolidated in the german car makers financial statements it expects the payment for the acquisition to be completed by feb 22 bmw said its existing 50 stake in the joint company is being revaluated and should lead to a positive oneoff impact for its financial result in the automotive segment of between 7 billion euros to 8 billion euros 8 billion to 914 billion the consolidation will lead to revenue and earnings before interest and taxes in its automotive segment increasing significantly but no significant effect on the auto ebit margin for 2022 said bmw the automotive segments free cashflow will see an onetime effect of around eur5 billion earnings before taxes and net income for the bmw group will also see an effect it said