EconomyChina automaker FAW to explore broader cooperation with GAC after JV stake deal
After a joint-venture stake deal, FAW Group—one of China's centrally administered state-owned automakers—said it would pursue closer cooperation with Guangzhou Automobile Industry Group to improve operating quality and efficiency. Consolidation is picking up speed in the world's largest auto market.
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Reuters★★☆☆☆2026-09-29 07:45Original
China automaker FAW to explore broader cooperation with GAC after JV stake deal
Economy