Beijing Automotive Industry Holding (BAIC) has agreed to acquire Chinese vehicle manufacturer Guangzhou Baolong, in a move aimed at giving BAIC a firm foothold in the automotive market in southern China, Reuters said. At present, vehicle manufacturers such as Guangzhou Automobile and its partners, Toyota and Honda, dominate the southern Chinese Subscribe to Automotive World … Continued
Beijing Automotive Industry Holding (BAIC) has agreed to acquire Chinese vehicle manufacturer Guangzhou Baolong, in a move aimed at giving BAIC a firm foothold in the automotive market in southern China, Reuters said.
At present, vehicle manufacturers such as Guangzhou Automobile and its partners, Toyota and Honda, dominate the southern Chinese
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https://www.automotiveworld.com/articles/83388-china-baic-to-acquire-guangzhou-baolong/
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