Executives at China America Cooperative Automotive Inc. (Chamco Auto) have “handed in their resignations and left the company,” a source tells Ward’s. They include Mario Ferla, who claimed control of Chamco after a boardroom coup in early March broke the distributor into two parts, each claiming to be Chamco Auto. However, Bill Pollack, who claims to be in control of Chamco, disagrees the distributor is finished. “Chamco Auto is very much moving forward,” Pollack tells Ward’s, saying ...
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