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Multinationals demand more shares in JVs

Suzuki Motor will increase its equity share in its joint venture with Chang’an Auto Group to 50 from 49 percent, or the policy upper limit, according to local media reports. The new Chang’an-Suzuki Automobile Co., Ltd. will incorporate Changhe-Suzuki, now under Chang’an Auto Group, either as a subsidiary or the

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CFMA to build second engine plant in Chongqing

CHONGQING - Chang'an-Ford-Mazda Automobile Co., Ltd. (CFMA) signed a Memorandum of Understanding on September 25 with the Chongqing municipal government to build a new engine plant in the city. The $500 million investment will be put forth entirely by CFMA and will be located in Chongqing's New North Zone. Construction

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“One Ford Plan” making a difference in Ford’s business in China

TIANJIN - Ford Motor Co.'s "One Ford Plan" is working both globally and in China, said Robert Graziano, chairmand and CEO of Ford Motor China, at the 2010 International Forum on Chinese Automotive Industry Development held on Tianjin on September 4. "Results are showing in China," said Graziano. "In terms

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