Mahindra’s subsidiary to acquire 100% stake in Peugeot Motorcycles
Dongfeng Motor and Nissan have a 50-50% three way partnership referred to as Dongfeng Motor Company. Changan Automobile and JMCG have a three way partnership known as Jiangling Motor Holding. Beijing Automotive Group has a three way partnership with Daimler known as Beijing Benz, each corporations hold a 50-50% stake. each firms also have a joint venture known as Beijing Foton Daimler Automobile.
Fujian Motors Group holds a 15% stake in King Long. FMG, Beijing Automotive Group, China Motor, and Daimler has a joint venture referred to as Fujian Benz.
This protection could also be purchased to cover autos your small business owns or hires. It differs from property harm insurance, which covers your organization’s liability for harm to property owned by different events. If your small business makes use of autos, it probably needs business auto coverage. A business auto policy protects your company in opposition to financial losses that end result from auto accidents.
The personal auto coverage, whether or not yours or your employeeâ€™s, could not have enough protection to guard your business. Permissive Users. Anyone else who is driving a coated auto you own, hire or borrow … Read More