DaimlerChrysler AG is hoping to breathe new life into its ailing China venture, Beijing Jeep Corp. (BJC). The two partners signed a Memorandum of Understanding (MOU) in late September agreeing to revamp the project, China's first automotive joint venture, formed in 1983 between American Motors Corp., which the former Chrysler Corp. took over in 1987, and Beijing Automotive Industry Group Corp. (BAIC). DaimlerChrysler has pledged to pump an additional US$226 million into Beijing Jeep, ...
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