Germany/China: BAIC eyes Opel acquisition

  China's Beijing Automotive Industry Holding Co (BAIC) has reportedly expressed an interest in taking over GM’s Opel division, according to German newspaper Die Welt. Wang Dazong, president of the Chinese OEM, was an engineer who worked at GM for about 20 years. He has stated that BAIC is looking to Subscribe to Automotive World … Continued

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• June 14, 2011