Fiat-owned Magneti Marelli and Changchun Fudi Equipment Technology Development have signed an agreement to establish a joint venture specialising in automotive powertrain components and systems. The new venture will be called Changchun Magneti Marelli Powertrain Components. Magneti Marelli will own 51% of the new company’s capital, with its Chinese partner holding Subscribe to Automotive World … Continued
Fiat-owned Magneti Marelli and Changchun Fudi Equipment Technology Development have signed an agreement to establish a joint venture specialising in automotive powertrain components and systems. The new venture will be called Changchun Magneti Marelli Powertrain Components.
Magneti Marelli will own 51% of the new company’s capital, with its Chinese partner holding
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https://www.automotiveworld.com/articles/92990-china-magneti-marelli-forms-powertrain-jv/
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