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13 May
10:01

Geely invests in Renault Korea Motors

Chinese automaker Geely Auto has announced that its wholly-owned subsidiary Centurion Industries Limited (CIL) has signed a subscription agreement with Renault's South Korean subsidiary.  According to Geely's announcement, released on 10 May via the Hong Kong Exchanges and Clearing Limited, this subscription agreement was signed on 9 May, as a further step of the earlier signed framework agreement, which includes hybrid and energy-efficient …
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