FAW’s Potential Partner
16 February 2009
News from FAW says that FAW is negotiating with GM (China) to establish a joint venture for producing commercial vehicles. FAW is actively discussing the details of the partnership, and will release all the information once it gets the government approval.
General Motors reports that the two companies, which have never shaken hands before, have already registered a name with the State Administration for Industry and Commerce for the planned venture.
But, an inner person say the cooperation discussion is still "far to the end". Currently, General Motors has cooperated with China's biggest automaker SAIC Group on light-truck and minivan manufacture in Liuzhou, Guangxi Zhuang autonomous region.
Source : english.chinabuses.com
Editor : Frederick
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