DaimlerChrysler AG says it will invest up to $195 million in a 3-way joint venture to build Mercedes-Benz Sprinter and Viano vans in China. The auto maker will partner with Fujian Motor Industry Group and Taiwan auto maker China Motor Corp. pending approval of the Chinese government. Initial plans call for production to begin in 2006 at a facility in Fuzhou, in southeast China, at a rate of 40,000 units annually. Fujian Auto is expected to hold a 50% stake in the JV, while DC will own ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.