BEIJING — Suzuki Motor Corp. receives state approval for a mini-vehicle joint venture with Changhe Aircraft Industrial Corp. The new JV, Changhe-Suzuki Automotive Co. Ltd., will be based in Jingdezhen, Jiangxi province. The JV began construction work in 1995, upon receiving preliminary approval but had been waiting for State Council approval. Changhe-Suzuki reports a total investment of US$98 million, with 51% from Changhe and 49% from Suzuki. The company's registered capital is US$55.3 ...
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