BBC News
A Coventry manufacturing firm has been bought for £30m by a partnership between a Chinese automotive supplier and a Shropshire company.
Covpress, in Canley, makes body panels for the likes of Jaguar Land Rover (JLR) and employs more than 450 people.
Shandong Yongtai, based in northern China, wants to use the deal to help it break into European tyre markets.
It will partner with Telford-based tyre-specialists TIA Treadsetters who already count JLR among its clients.