FAW to become GAC’s second largest shareholder in China automotive sector shake-up

T2Covered by 1 source · first reported by China: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone at 28 Sept, 00:30 UTC

The asset reorganization follows official calls to rein in excess capacity.

Sources

• T2FAW to become GAC’s second largest shareholder in China automotive sector shake-upChina: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone28 Sept, 00:30