Chinese auto firms pursue tie-ups in Taiwan

Newswire

TAIPEI, Nov 25 (Reuters) - Two major Chinese automakers seek to research and develop cars in Taiwan, driving economic ties between the two political rivals to a new level and boosting the island's moribund sector, industry sources said on Wednesday. China's Geely Automotive Holdings will work with a company under Taiwan-based Yulon Motor Co Ltd to make a new economy-class car in 2010 per an agreement signed earlier this month, a Yulon news official said. Chery Automobile Co, China's ...

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