China: Mitsubishi unlikely to raise stake in JV

Mitsubishi Motors is unlikely to accept an opportunity to increase its stake in Changfeng Motor, its Chinese joint venture with Guangzhou Automobile Group, one of its two main JVs in the country. This is because of its plans to preserve its cash, the Wall Street Journal said, citing an unnamed It’s time to log in … Continued

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• March 12, 2010