Friday, 20 July 2018

BMW, VW win Beijing's OK to gain control of China JVs

Chinese Premier Li Keqiang's government allowed BMW and VW to gain control over local ventures ahead of their foreign rivals, giving the German automakers a boost in the world's largest vehicle market.

source http://www.autonews.com/article/20180720/COPY01/307209976/bmw-vw-china-joint-ventures-control

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