China may lift cap on foreign carmaker stakes in JVs

China's government is considering the removal of caps on stakes foreign carmakers can own in joint ventures with local partners, potentially loosening a policy criticized for shielding state-owned companies from competition and building their own brands.

Porsche-Piech clan close ranks ahead of VW annual meeting

The Piech and Porsche families who control Volkswagen displayed unity ahead of next week's annual shareholder meeting, just as the carmaker is

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