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China’s BAIC, Didi plan car leasing service amid new car sales slowdown

Published 6y ago

BEIJING (Reuters) – Chinese automaker BAIC Group and ride-hailing service provider Didi Chuxing plan to team up with other industry players to lease BAIC’s cars to customers amid concerns about ride hailing and vehicle sharing eating into car sales. The compan... More »

Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China

Published 8y ago

BEIJING (Reuters) – In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International (MG.TO) which aims to spear... More »

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