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Magneti Marelli to set up new joint venture for exhaust systems in China
Magneti Marelli S.p.A., Hefei Jianghuai Automotive Co., Ltd (JAC) and Hefei Lingdatang Collective Assets Management Co., Ltd. (Lingdatang) have signed an agreement to set up a Joint Venture aimed at the production of exhaust systems for the Chinese market. According to such agreement, Magneti Marelli will own 51% of ....
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