Dongfeng and Federal-Mogul to set up joint piston manufacturer
On March 26, 2018, Dongfeng Motor Parts And Components Group Co., Ltd. and Federal-Mogul Holdings LLC of the U.S. have signed an agreement on the establishment of a new joint company. The two companies are going to make a collective investment of Chinese yuan (CNY) 400 million to build a plant in Dongfeng Motor Parts....
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