TAIPEI – Yulon Motor Co. Ltd. and Nissan Motor Co. Ltd. announce a joint venture to further develop the Nissan brand in Taiwan, China and Southeast Asia. Yulon Vice Chairman Kenneth Yan says his company will hold a 60% stake in the venture, with Nissan owning 40%. The name of the new company has yet to be determined, but the JV will be launched on Oct. 1, with an initial capitalization of about NT$3 billion ($85.7 million). Plans call for listing the new company on the Taiwan ...
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