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Commentary: Luxgen sale to Foxconn gains momentum, reshaping Taiwan’s auto landscape
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Commentary: Luxgen sale to Foxconn gains momentum, reshaping Taiwan’s auto landscape
One of the most talked-about topics in Taiwan's auto market in recent weeks is the widely circulated report that Foxtron Vehicle Technologies-the joint venture between Foxconn and Yulon Motor-is preparing to acquire Luxgen, Yulon's own passenger-car brand. The industry remains divided on the implications, but many observers see the move as one that could ultimately benefit both sides.
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