CHINA: Beijing Automotive eyes acquisitions in US, Europe
Beijing Automotive, Daimler's Mercedes-Benz-building partner in China, and also a local partner of Hyundai Motor, continues to look for acquisition opportunities in the US and Europe as it eyes faster global growth.
Beijing Automotive, Daimler’s Mercedes-Benz-building partner in China, and also a local partner of Hyundai Motor, continues to look for acquisition opportunities in the US and Europe as it eyes faster global growth.
Dong Haiyang, head of the company’s international unit, told Reuters the automaker wants to acquire a “mid to high-end brand”, adding that there were some candidates.
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