Search Results for "Borgward"

Beijing Borgward files for bankruptcy
Beijing Borgward files for bankruptcy

Beijing Borgward officially filed for bankruptcy to the First Intermediate People's Court of Beijing Municipality on April 8th, according to its parent company Foton’s announcement.

Apr. 11 , 2022
Court seizes Beijing Borgward’s RMB2.2 billion assets for creditors
Court seizes Beijing Borgward’s RMB2.2 billion assets for creditors

The commercial vehicle subsidiary of BAIC Group, Foton, announced that its subsidiary Beijing Borgward received a court-ordered seizure for its RMB2.2 billion worth of assets, petitioned by creditors.

Dec. 10 , 2021
Xiaomi said to adopt “dual-factory” model, acquire Borgward plant
Xiaomi said to adopt “dual-factory” model, acquire Borgward plant

Xiaomi EV may adopt a “dual factory” production model, people familiar with the matter told a local media outlet.

Sep. 13 , 2021
Former Borgward’s marketing executive said to join Ford China as vice president of PR
Former Borgward’s marketing executive said to join Ford China as vice president of PR

Huo Jing, marketing director of Borgward Group AG Sales Company and executive managing director of Borgward U.S. R&D center, has reportedly left Borgward and will join Ford China as vice president of public relations, effective on February 25, accord

Feb. 25 , 2019
China’s UCAR to provide guarantee over shareholder loan offered by Foton Motor to Borgward
China’s UCAR to provide guarantee over shareholder loan offered by Foton Motor to Borgward

Beiqi Foton Motor Co., Ltd. (Foton Motor) said on December 28 that it has found a transferee who is willing to take over 67% stake in Beijing Borgward Automobile Co., Ltd (Beijing Borgward) for a value of RMB3.973 billion.

Dec. 29 , 2018
Evergrande not interested in the stake of Foton in Borgward?
Evergrande not interested in the stake of Foton in Borgward?

Foton Motor released the announcement on 30th October to clarify that Evergrande Group hasn't come into contact with Foton for acquiring the company's stake in Borgward.

Oct. 31 , 2018