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China: Guangzhou Auto to acquire private OEM Gonow

According to a report carried by the China Business News, Chinese OEM Guangzhou Automobile Group (GAC) has reached an agreement with Zhejiang Gonow Automobile Co to acquire the privately held vehicle manufacturer. China Daily, citing the report, said an insider with Gonow has called this more of a co-operation between the It’s time to log … Continued

According to a report carried by the China Business News, Chinese OEM Guangzhou Automobile Group (GAC) has reached an agreement with Zhejiang Gonow Automobile Co to acquire the privately held vehicle manufacturer.

China Daily, citing the report, said an insider with Gonow has called this more of a co-operation between the

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