TOKYO — Strapped for cash, Mitsubishi Motors Corp. has turned to an overseas affiliate to build the next in its line of gasoline direct injection (GDI) engines. The new engine, a V-8, will be produced by Hyundai Motor Co. Ltd. for a new luxury sedan (codenamed LZ) scheduled for launch in April or May in South Korea. A senior Mitsubishi executive says while Mitsubishi has no plans to build the engine in Japan, it will, if necessary, import the powerplant from Hyundai's Ulsan plant. At ...
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