Friday, July 20, 2018

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

BMW, VW win Beijing's OK to gain control of China JVs https://ift.tt/2JITRD8 Premier Li Keqiang's government has allowed Germany's BMW and VW Group to gain control over local ventures ahead of their foreign rivals, giving the automakers a big headstart in the world's largest vehicle market.

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