SHENYANG — A joint venture designed to produce Mitsubishi Motors Corp. automotive engines begins production in Shenyang, Liaoning province. The JV, comprised of a group of Chinese, Japanese and Malaysian companies and named Shenyang Hangtian-Mitsubishi Engine Co. Ltd., represents a total investment of RMB2.2 billion (US$266 million) and has a production capacity of 150,000 engines per year. Partners include China Hangtian Automotive Industrial Corp., with a 30% stake; Shenyang Jianhua ...
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