SAIC to assemble MG cars in Thailand with CP Group

Chinese vehicle manufacturer SAIC Motor has voiced its intention to set up a car manufacturing joint venture in Thailand. In a statement to the Shanghai Stock Exchange, the OEM says it will hold 51% of the JV, while Thai conglomerate Charoen Pokphand Group (CP Group) to own the remaining 49%. Subscribe to Automotive World to … Continued

• By Webmaster
• December 6, 2012