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China to scrap foreign auto ownership limits by 2022

China to scrap foreign auto ownership limits by 2022

http://www.autonews.com/article/20180417/GLOBAL03/180419785/china-ending-foreign-automaker-ownership-limits-by-2022

China will end foreign ownership caps on local auto companies by 2022 and will remove restrictions on new-energy vehicle ventures this year, a major shift that will open the market wider to carmakers such as Nissan and Tesla.

Car News

via Automotive News Breaking News Feed http://www.autonews.com

April 17, 2018 at 02:01PM

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