NEW DELHI – Suzuki Motor Corp. has won approval from the Indian government for a second passenger-car plant in India, despite earlier objections by domestic partner Maruti Udyog Ltd. Maruti now will hold a 70% stake in the venture, while Suzuki will own the remaining share of the new company, Suzuki Maruti India Ltd., which will have a capacity to produce 250,000 vehicles annually starting in 2007. The new plant will be located in Manesar in the state of Haryana, north of Delhi. The ...
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