GAC agrees to acquire FAW Group’s 50% stake in FAW Toyota
Under the agreement, GAC plans to issue consideration shares to FAW Group at 5.75 yuan per share.
Industry
Nissan to lead UK autonomous drive research project
Volkswagen, PowerCo and Gotion plan three battery ventures
Toyoda Gosei teams up with CATARC on safety standards
GM warns rivals fleeing China will intensify US competition – report
LG Chem and Volkswagen sign MoU on mobility materials
JAC Motors secures three European deals
Suzuki targets 24-month vehicle development to match China’s pace – report
