The Chinese automotive retailer Zhongsheng Group Holdings has purchased a 70% stake in German car tuning company Carlsson Autotechnik, reports Reuters. Carlsson specialises in the customisation of Mercedes-Benz models. Zhongsheng’s acquisition of the German firm will help it tap China’s nascent customisation market. Financial details of the acquisition were not revealed. Speaking Subscribe to Automotive … Continued
The Chinese automotive retailer Zhongsheng Group Holdings has purchased a 70% stake in German car tuning company Carlsson Autotechnik, reports Reuters. Carlsson specialises in the customisation of Mercedes-Benz models. Zhongsheng’s acquisition of the German firm will help it tap China’s nascent customisation market.
Financial details of the acquisition were not revealed.
Speaking
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https://www.automotiveworld.com/articles/94019-china-dealership-group-acquires-70-carlsson-stake/
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