Alibaba-Backed Chinese Car Service Provider Acquires Automaker Borgward In $610M Deal

Login to View

Chinese car service provider UCAR Inc. announced on late Monday that it would pay RMB 4.10 billion (US$610.63 million) for a majority stake in the country’s car manufacturer Beijing Borgward Automobile Co.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Read 2 Articles for Free with a Basic Account

Gain limited and restricted access to China Money Network.

Register Basic Account

Subscribe for an annual subscription!

Enjoy comprehensive and exclusive data you can't find elsewhere!

More Info

Subscribe and Pay Easily Online!

Already have an account or paid subscription? Log in

China Money Network Subscription