21
Jan
13:39
Dongfeng, Kia go separate ways
Kia China will release its new outlook around the Beijing Auto Show this April, including its official separation with Dongfeng Motor.
On 12 January via Shanghai United Assets and Equity Exchange, Dongfeng Motor made an equity transfer of its 25% stake in Dongfeng Yueda-Kia Motor at CNY 297 million ($46.87m) to Yueda Automobile Group, the only bidder in this deal and an associated entity. Dongfeng said in an announcement that it gives up its priori…
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Anonymous
Very good overview of the weekly steel market.
Anonymous