11
Aug
14:18
China’s Great Wall close to buying Daimler’s plant in Brazil
Chinese carmaker Great Wall Motor (GWM) is reportedly close to buying a former Daimler car manufacturing plant in Brazil, targeting the Latin American giant market for new investment.
According to Reuters, the investment of up to $300 million was initially part of the $1 billion investment aimed at India. Citing unnamed sources “with knowledge on the matter,” the report said on Wednesday that GWM decided to reallocate part of this into Brazil due to a…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous