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China: Government may step up consolidation initiatives

According to a Reuters report, citing the Shanghai Securities News, Chinese OEMs might not be able to secure regulatory approval for new vehicle projects and greenfield capacity expansion unless they first agree to acquire a domestic peer. The latest version of policy guidelines is expected to be published before the end of Subscribe to Automotive World to … Continued

According to a Reuters report, citing the Shanghai Securities News, Chinese OEMs might not be able to secure regulatory approval for new vehicle projects and greenfield capacity expansion unless they first agree to acquire a domestic peer. The latest version of policy guidelines is expected to be published before the end of

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https://www.automotiveworld.com/articles/80598-china-government-may-step-up-consolidation-initiatives/

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