Geely’s Puma to sell to Chinese outlet for $5.2M

Puma, the luxury carmaker founded by Japanese billionaire Masayoshi Son, is selling its Puma outlet to a Chinese buyer for $1.1 billion. The Chinese buyer, the largest buyer of luxury cars in the world, will use Puma’s existing operations and facilities to build and operate the new outlet, said David Nissen, a Puma spokesman.The deal is […]