MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »BMW, Tesla to gain as China removes ownership cap
Bloomberg China’s decision to stop putting foreign carmakers in bed with local partners is unlikely to prompt a major unwind anytime time soon. But it dangles the lucrative draw of future wholly-owned future factories. Such a move would benefit new competitors like Tesla Inc. and late China-arrivals like Fiat Chrysler Automobiles with no or limited joint-venture production in China. Luxury ...
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