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Automakers

Germany's Borgward brand declared bankrupt in China

Borgward BX7
Borgward began selling the BX7 SUV in Europe in 2018.
YJ
By:
Yang Jian
December 01, 2022 02:05 PM

Borgward, the German car brand revived by Beiqi Foton Motor, a truck subsidiary of the China state-owned automaker BAIC Group, was declared bankrupt by a court in Beijing this week.

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