XINING — Several auto parts manufacturers are pooling their resources with Dongfeng Automotive Corp. to establish Dongfeng Vehicle Axle Co. Ltd. (DVAC). The new company, based in Xining in northwest China's Qinghai province, is dedicated to manufacturing automotive axles and engine crankshafts. Dongfeng, which is based in Hubei province where it has a joint venture to build Citroen and ZX Fukang sedans, controls 58% of the new company. Other partners include Qinghai Crank Shaft Factory, ...
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