China: Mitsubishi eyes 50% stake in local venture

Mitsubishi Motors plans to increase its holding in one of two joint ventures in China to 50% by 2011. Such a move will give the OEM greater say over the models it produces and sells in China. "We need the 50-50 venture to be able to make cars our way," Bloomberg Subscribe to Automotive World … Continued

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• June 9, 2010