China Daily reported that the Beijing General Aviation Group (BGAG) has been co-founded by Beijing Automotive Group (BAIC) and Beihang University, in terms of capital ($15.7 million) and technologies, respectively. According to Wikipedia, BAIC is a state-owned automaker that manufactures Hyundai and Mercedes-branded autos for sale on the Chinese market. Continue Reading »
===> Posted on October 26th, 2011 by Ben Sclair. No comments. © GAN 2011.
