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Chery ponders India foray with Tata Motors

Chinese car makers are increasingly looking towards hiking their stakes in the high growth Indian automobile market, and are actively exploring their cooperation with Indian partners in their home base and drive in to the India market. The latest new entrant showing interest is Chery, which already has a partnership

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50:50 JV equity rule may be history by 2020

The Auto Industry Mid- to Long-Term Development Plan released on April 25 is the clearest indication yet that the relaxation of the 50:50 equity requirement for vehicle joint ventures in China is now just a matter of time. And that time may come sooner rather than later, judging from

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FAW Group and Audi ink 10-year business plan, SAIC-Audi deal on hold

CHANGCHUN, Jilin – FAW Group and Audi AG signed a 10-year strategic business plan here on January 16 to intensify cooperation of the two partners that has spanned 29 years, just as news of SAIC-Audi planning to establish a sales company in March surfaced on the same day. The agreement

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