Annexing and recapitalizing——A turning point for the rise of China auto industry |
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摘 要: | Now the global automotive industry is in face of excess capaci-ty, saturated market and sluggish sales. The competition in world auto market is fierce. Annexing and merging among auto manufac-tuners are like the rising wind and scudding clouds. In the 1980s, Volkswagen purchased Audi; PSA
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