MANILA -- China's SAIC Motor is to sell its Maxus brand in the Philippines after striking a deal with local conglomerate Ayala Corp. on Monday.
Companies
China's SAIC teams up with Ayala to sell Maxus vehicles in Philippines
Chinese carmakers extend presence in Southeast Asia
AC Industrial Technology Holdings, a unit of Ayala Corp., will start selling imported Maxus vans and light commercial vehicles in the Philippines by the first quarter of 2019.
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