Consolidation as Dongfeng deals for Fujian Motor
By Han Tianyang | China Daily | Updated: 2013-05-20 07:40
|
The planned investment company between Dongfeng and Fujian Motor will have a 50 percent stake in Soueast Motor. Photos provided to China Daily |
In the biggest consolidation in the nation's fragmented auto industry since 2009, China's second-largest automaker Dongfeng Motor Corp agreed last week to become a shareholder in Fujian Motor Industry Group Co Ltd.
Photo
