China: Fujian Daimler Auto to set up new R&D centre

Daimler's joint venture in China, Fujian Daimler Automotive, plans to invest Yuan 500m (US$77m) to set up a research and development centre in Fuzhou, the capital of Fujian. The centre is expected to be operational by the end of this year. "The R&D centre will be equally created between the Fujian Subscribe to Automotive World … Continued

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• May 5, 2011