China: JLR and Chery secure NDRC approval for JV

  Jaguar Land Rover (JLR) and Chery Automobile are reported to have secured regulatory approval to form a Yuan 12.1bn (US$1.91bn) joint venture in China. According to a Reuters report, when asked to confirm a local media report that the project had won approval from the National Development and Reform Commission (NDRC), Subscribe to Automotive … Continued

• By Webmaster
• September 24, 2012