Guangzhou Auto gives up JV with Hyundai
March 11,2008
According to China media, because of Hyundai Motor’s reluctance in cooperation with Guangzhou Auto, their JV project is delayed greatly. In recent days, Mr. Zeng Qinghong general manager of Guangzhou Auto declared that they will not consider cooperation with Hyundai anymore. They will focus their attention on JV project with Nissan Group.
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