FAW

Chinese brand FAW expanding its SA presence to cars and LCVs

After running the Chinese-built FAW trucks on the South African highways for the last nearly twenty years, the FAW Group has recently revealed that it is now expanding its presence in the country, with the launch of FAW passenger cars and light commercial vehicles (LCVs).

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At an investor conference in Boston on Wednesday, T-Mobile's Chief Financial Officer Braxton Carter said that French firm Iliad SA's $15 billion bid for acquiring T-Mobile is a "very inadequate" proposal.

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