Breaking: BAIC to aquire Lifan Auto?

Reported by Economic Observer, Beijing Automotive Industry Co(BAIC) is now preparing to buy Chongqing Lifan, an Automotive company located in south-west of China.

Lifan’s president said that Lifan Auto welcomes partnership negotiations with any automotive companies to retain Lifan’s own brand. The president didn’t reveal any details of the talk but said that Lifan Auto is always open for any acquisitions.

[source: Economic Observer]

Tags: BAIC, BAIC aquire Lifan, Beijing Auto, Beijing Automotive, Beijing Automotive Industry Co, Chongqing Lifan, Economic Observer, Lifan Auto, Lifan Group, Lifan Moto More posts from BAIC, Chinese Car News, Lifan:

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