China: SAIC stepping up CV plans

SAIC plans to launch two new commercial vehicle subsidiaries as part of efforts to expand its CV business. According to Aftermarket Business, the Chinese OEM’s board of directors has approved plans to set up a joint venture with the tentative name of SAIC Tangshan Bus. The venture will be formed Subscribe to Automotive World to … Continued

• By Webmaster
• March 11, 2011