Breaking: BAIC to aquire Lifan Auto?
by
Chief Editor on
May 5th, 2009 at
8:37 pm /
1 Comment
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]
