UPDATE 1-China's biggest auto tie-up valued at $171.6 mln


(add details) SHANGHAI, Aug 29 (Reuters) - Tianjin Automotive Xiali Co said on Thursday its parent would sell a controlling stake in the listed company to China's largest car maker, First Automotive Works (FAW), for 1.42 billion yuan ($171.6 million). The parent, Tianjin Automotive Industry Corp, signed an agreement with FAW on Monday to sell 50.98 percent of Tianjin Xiali, the listed company said in a statement published in the official Securities Times. The 739.29 million state-owned ...

Premium Content (PAID Subscription Required)

"UPDATE 1-China's biggest auto tie-up valued at $171.6 mln" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 23, 2018

Chrysler Pacifica 3.6L V-6 eHybrid – 2018 Award Acceptance

Mike Duhaime, director-electrified propulsion engineering at FCA, accepts Chrysler Pacifica Hybrid award at the 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×