Tag: whollyowned

Changan Automobile’s wholly-owned brands score 60.03% YoY surge in Jun. NEV sales

Changan Automobile Reports Slight Dip in Sales for June 2024 Chinese automaker Changan Automobile recently announced its monthly…

Lexus secures land for wholly-owned EV plant in Shanghai for $185 million

Lexus, the luxury brand under Japanese automaker Toyota, has made a significant move in the Chinese market by…

Toyota to follow Tesla’s step in building wholly-owned plant in Shanghai to produce Lexus EVs

Japanese auto giant Toyota is set to follow in Tesla's footsteps by building a wholly-owned electric vehicle (EV)…

Hyundai Motor Group incorporates wholly-owned subsidiary in Shanghai

Hyundai Motor Group Establishes Fully-Owned Subsidiary in Shanghai Hyundai Motor Group recently announced the formation of a wholly-owned…