China's FAW to make Deutz diesel engines

Newswire

SHANGHAI, Dec 27 (Reuters) - China's largest automaker, First Automotive Works (FAW), will spend 1.5 billion yuan ($181 million) on a plant to make diesel engines using technology from Germany's Deutz AG, a company official said on Friday. The project would be owned by Dalian Diesel Engine Co -- a wholly owned subsidiary of FAW -- and aimed to make 30 types of engines with annual capacity of 50,000 units by 2006, said the spokesman for Dalian Diesel Engine Co. Construction of the plant ...

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