UPDATE 1-Riken, Mahle look to form comprehensive alliance


(Adds details, background) TOKYO, June 22 (Reuters) - Japanese auto parts maker Riken Corp said on Friday it was looking to form a comprehensive alliance with German auto parts supplier Mahle, covering production, sales and technology. Riken, a major manufacturer of piston rings, said the two companies were looking to strengthen their U.S. joint venture, Allied Ring Corp., as well as pursue new projects in Europe, China and other parts of the world. They also aim to cooperate in piston ...

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