China Car Forums - View Single Post - Guangzhou and Gonow sign JV deal
View Single Post
Old 04-21-2010, 09:06 AM   #4
Senior Member
dragin's Avatar
Join Date: Apr 2006
Posts: 1,268
Default Re: Guangzhou and Gonow sign JV deal

Originally Posted by martin_krpan
[B] ....the deal between GAC and Gonow is to cooperate but not GAC's whole acquisition of the Gonow......
This seems to be the key point of this report. For now it appears to be simply a cooperative venture, giving GAC better access to the more northerly Zhejiang province, with Shanghai just next door. At the same time it gives Gonow a way to deal with the regional protectionism that was also keeping them out of the far south.

dragin is offline   Reply With Quote