So, I presume you are all wondering how Qoros Automotive is doing? I was so I went and found out.
In March I wrote an article about the Israeli-Chinese firm Qoros. The latest news is that Qoros is running into difficulty, leading to reports of a split between the Israeli investors and the Chinese side of things. The Wall Street Journal reported it another way, saying major shareholder, Israel Corp have reiterated their support for the firm. This is as reassuring as saying out of the blue, “I won’t chop off your arm”, I think.
In a letter released to the Wall Street Journal, Israel Corp said they were “looking forward to Continue reading “After the Great Leap Forward 2: Qoros Cars News Update”