Hawtai drives into overseas markets for sales growth
By Yang Feiyue | China Daily | Updated: 2014-09-29 07:07
Domestic competition prompts companies to chart new plans
Facing increasingly fierce competition at home, Hawtai Motor, like many other domestic automakers, is pinning its hopes for growth on overseas markets.
The Chinese automaker signed a $1.1-billion agreement with Russia-based Derways in May in Shanghai.
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