Engine maker JV unveiled in Beijing

Automotive

Thursday, August 28, 2008 20:03:09

	Engine maker JV unveiled in Beijing By STAFF EDITOR Published: March 27, 2008 05:33 PM Beijing Foton Cummins Engine Co Ltd, a joint venture between Beiqi Foton Motor Co and US-based Cummins, was formally incorporated in Beijing Wednesday, the official Xinhua News Agency reported. Foton and Cummins have an equal stake in the US$383.97 million (RMB2.7 billion) joint venture. It is expected ... You are currently reading 48 words of 147 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: US , Beijing , venture , Cummins	More Articles in Automotive > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Nanjing Automobile refuses comment on rumor US expansion plan scotched Battery vehicle plant launched in Tianjin Raised sales tax on big cars unlikely to slow sales Diesel engine producer gets US$176m bank loan package Wholly-domestic sedan makers lose market share China becomes major performance driver for global automakers AviChina 1H turnover stagnates amid falling aero part sales

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