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China: Foreign OEMs told to develop local brands

Foreign vehicle manufacturers with plans to either build new plants or expand production capacity in China are reportedly being told by the government that they must develop a low-cost car brand. Vehicle manufacturers have confirmed that this issue is forming a part of their negotiations to set up new plants or It’s time to log … Continued

Foreign vehicle manufacturers with plans to either build new plants or expand production capacity in China are reportedly being told by the government that they must develop a low-cost car brand.

Vehicle manufacturers have confirmed that this issue is forming a part of their negotiations to set up new plants or

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