German logistics firm to enter China

Mosolf Group, a leading provider of logistical services in Germany, has agreed to set up a China joint venture with Beijing Automobile Works.


Global Times reports that the joint venture will provide finished vehicle logistics, auto production logistics and after-sales services.


In the auto business, logistics companies are not merely a simple channel of distribution. They are able to supply differentiated logistical services that deal with some of the rapid changes in automobile manufacturing.


Founded in 1955, Mosolf has developed from being a forwarding agency into a provider of technical and logistical services for the international automobile industry. It is also a logistics provider for manufacturers of agricultural and construction machines together with car rental, leasing companies and fleet customers.
(Source:http://www.chinaeconomicreview.com)