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

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

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

China will allow foreign automakers from Volkswagen Group to Tesla to 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…

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

April 17, 2018 at 05:29PM
http://www.autonews.comhttp://europe.autonews.com/apps/pbcsi.dll/storyimage/CA/20180417/ANE/180419782/AR/0/AR-180419782.jpg?cci_ts=20180417103938

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