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China: BAIC completes acquisition of Guangzhou Baolong

Beijing Automotive Industry Holding Co (BAIC) earlier this month acquired Guangzhou-based private vehicle manufacturer Guangzhou Baolong Light Vehicle Manufacturing. BAIC now plans to start production in South China using the Baolong facility. According to a report carried by China Daily, BAIC will also invest Yuan 5bn (US$759.63m) in phases to expand Subscribe to Automotive World … Continued

Beijing Automotive Industry Holding Co (BAIC) earlier this month acquired Guangzhou-based private vehicle manufacturer Guangzhou Baolong Light Vehicle Manufacturing. BAIC now plans to start production in South China using the Baolong facility.

According to a report carried by China Daily, BAIC will also invest Yuan 5bn (US$759.63m) in phases to expand

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https://www.automotiveworld.com/articles/85577-china-baic-completes-acquisition-of-guangzhou-baolong/

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