Cenntro Motor Corp. Acquires SITL-Brandt Motors, Establishes European Headquarters in Lyon, France

SPARKS, Nev., June 18, 2014 /PRNewswire/ -- Cenntro Motor Corporation, a Nevada-based manufacturer of all-electric vehicles, today announced that a French court has approved its acquisition of SITL-Brandt Motors. The acquisition, valued at $50 million, will result in the creation of a new...