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China: Government stipulations to affect Mitsubishi and Hunan Changfeng JV plans

Mitsubishi Motors’ plans to set up a new vehicle manufacturing joint venture in China with local partner Hunan Changfeng Motors is likely to run into difficulties owing to a central government stipulation, Gasgoo.com reports, citing local daily the Oriental Morning Post.As per the government’s Revised Regulations on the Automotive … ...

Mitsubishi Motors’ plans to set up a new vehicle manufacturing joint venture in China with local partner Hunan Changfeng Motors is likely to run into difficulties owing to a central government stipulation, Gasgoo.com reports, citing local daily the Oriental Morning Post.

As per the government’s Revised Regulations on the Automotive …

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