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VW, BMW, Daimler set to gain from China removing ownership caps

VW, BMW, Daimler set to gain from China removing ownership caps

http://europe.autonews.com/article/20180417/ANE/180419782/vw-bmw-daimler-set-to-gain-from-china-removing-ownership-caps

Automakers including VW, BMW and Daimler are set to find it easier to manufacture and do business in China after the government said it will allow foreign automakers to own more than 50 percent of local ventures, removing a two-decade restriction.

Car News

via Automotive News Europe News Feed http://europe.autonews.com

April 17, 2018 at 08:30PM

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