TAIPEI – The Yulon Group increases its holdings in China Engine Corp. through the purchase of 18.9% of outstanding shares held by Sanyang Industry. The NT$300 million ($8.93 million) acquisition, combined with the purchase earlier this year of 15% of outstanding shares originally held by the Chiao Tung Bank, brings Yulon's stake in Taiwan's largest producer of automobile engines to about 74%. China Engine was formed in 1995 at the urging of the Taiwan government, which wanted Taiwan ...

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- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.