Beijing Auto reverses gear on Aston Martin

A major Chinese carmaker has walked away from the chance to make luxury Aston Martin cars on the mainland, mainly because of disputes over ownership and valuation issues.

The closed-door talks between Beijing Automotive and Britain's Aston Martin Lagonda - famous for the cars used by James Bond in the British spy films - about joint ventures or direct investments have been terminated, according to people familiar with the matter.

via Business feed http://www.scmp.com/business/companies/article/1152700/beijing-auto-reverses-gear-aston-martin