Borgward Group AG
Borgward Group AG: what it holds, with stakes and dates
Facts checked
The revived Borgward was a German name with Chinese money and Chinese factories. Borgward Group AG was registered in 2008 by Christian Borgward, a grandson of the founder, and Karlheinz Knoess; BAIC's truck subsidiary Foton put up the investment and built the cars in China, and the first SUVs went on sale in January 2017. The company filed for bankruptcy in Beijing on 8 April 2022 and the brand is defunct; the size of Foton's holding, and reports of a 2019 sale to a Chinese ride-hailing investor, were not verified for this record.
The short answer
| Controlled by | nothing recorded above it — the top of the chain |
|---|---|
| Kind | company |
| Origin | DE |
| Is it Chinese? | Partly |
Related
Sources for Borgward Group AG
- Wikipedia, Borgward. Read . Registration, Foton's investment and manufacturing, and the 8 April 2022 bankruptcy filing.