Dongfeng in talks to take over Hafei

Automotive

Thursday, August 21, 2008 22:41:51

	Dongfeng in talks to take over Hafei By STAFF EDITOR Published: January 25, 2008 12:00 PM Dongfeng Motor Group, China’s third largest automaker, is rumored to be negotiating to buy out domestic competitor Hafei Automobile Group, China Auto News reported, citing an unnamed industry source. If accurate, the acquisition follows the amalgamation of Shanghai Automotive Industry Corp Motors and Nanjing Automobile ... You are currently reading 48 words of 147 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Shanghai , auto , china , dongfeng , China Mergers and Acquisitions	More Articles in Automotive > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > 1H auto sales up 18.5% yoy to 5.18m 20% tax to be levied on large cars Raised sales tax on big cars unlikely to slow sales China becomes major performance driver for global automakers Wholly-domestic sedan makers lose market share Guangxi province to boost its auto industry Peugeot closes Shanghai store amid losses

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