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Chinese makers are scouting failing German car plants

ArenaEV
Chinese investors are expressing interest in buying German car factories as the local makers scramble to improve profitability amidst the shift towards green technologies. Volkswagen, a leading German automaker, is exploring options for its Dresden and Osnabrueck factories, and may be open to selling them to Chinese buyers. Chinese companies have been investing heavily in Europe’s biggest economy in recent… Read more…

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