China's Dalian Wanda to invest $1b in Sydney
(Agencies) Updated: 2015-01-26 13:56No 5 Wanxiang
The Chinese auto parts producer has acquired more than two dozen companies in North America since opening its overseas headquarters there in 1994, according to Joel Backaler.
Wanxiang acquired the assets of stylish electric car pioneer Fisker Automotive for $149.2 million in a US bankruptcy auction in February, 2014.
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The Fisker automotive electric Atlantic sedan logo is seen during its unveiling ahead of the 2012 International Auto Show in New York April 3, 2012. [Photo/Agencies] |
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