Tuesday, 17 April 2018

VW, Tesla among foreign automakers set to gain from China removing ownership caps

China will allow foreign automakers from Volkswagen Group to Tesla own more than 50 percent of local ventures, removing a two-decade restriction and giving a boost to global companies seeking to capture a greater share of the world's largest car...

source http://europe.autonews.com/article/20180417/ANE/180419782/vw-tesla-among-foreign-automakers-set-to-gain-from-china-removing

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