21
Jul
18:41
Volvo Cars wants full ownership of its Chinese operations
Swedish carmaker Volvo Cars plans to become the first non-Chinese automaker with full ownership of manufacturing and sales operations in China, Kallanish learns from the company on Wednesday.
The company is purchasing a 50% stake in the shares of Daqing Volvo Car Manufacturing Co and Shanghai Volvo Car Research and Development Co from its parent company Geely Holding. The undisclosed transactions will increase Volvo Cars’ share of the net income and equity …
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Anonymous
Very good overview of the weekly steel market.
Anonymous