Premier US Collector Automobiles Auctioneer Russo and Steele Plans to Expand Auctions to China and Asia in Joint Venture With Leading Chinese Luxury Auto Importer China Auto Logistics Inc
In a joint announcement today, privately owned Russo and Steele Collector Automobile Auctions (”Russo and Steele”) and China Auto Logistics Inc. (”CALI”) (OTCBB: CALI) said they have signed a memorandum of understanding for a joint venture to develop the Russo and Steele Collector Automobile Auction business in China.
In connection with the planned joint venture, Russo […]