China to remove foreign ownership limits for automakers by 2022

China’s restrictions on foreign ownership of car manufacturers will be repealed in stages, with the caps to be fully removed by 2022. The country’s state planner has informed the BBC and other news outlets it will remove foreign ownership caps on makers of fully electric and plug-in hybrid vehicles this year. Commercial vehicle manufacturers will […]

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Teacher accused of using rented Toyota Supra for land-speed record attempt

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