Wednesday, May 10, 2023

MG Motor India plans to dilute majority stakes to local partners

MG Motor India on Wednesday said it plans to offer majority stakes to local partners over the next 2-4 years as part of a five-year business roadmap in the country. MG Motor is a British brand which is currently owned by China's largest automaker SAIC Motor Corp.

from Auto-Industry-Economic Times https://ift.tt/93TmySM
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