UPDATE 2-China's biggest auto tie-up valued at $171.6 mln


(adds FAW-Toyota cooperation, analyst comment) By Tiffany Wu SHANGHAI, Aug 29 (Reuters) - China's top auto group, FAW, will take a controlling stake in the country's fourth largest car maker for 1.42 billion yuan ($171.6 million) in a landmark merger aimed at fending off increasing foreign competition. The tie-up, first announced in June, also helps cement a budding partnership between the Chinese firms and Japan's largest automaker, Toyota Motor Corp , analysts said. Compact car ...

Premium Content (PAID Subscription Required)

"UPDATE 2-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.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×