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Magneti Marelli to set up joint venture in China
Magneti Marelli Holding S.p.A. and Changchun Fudi Equipment Technology Development Co. Ltd. (FUDI), a Chinese manufacturer of automotive components, have signed an agreement to set up a joint venture in Changchun, Jilin Province, China. According to the agreements, Magneti Marelli will own 51% of the capital of the n....
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