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Article: Navistar, JAC to Explore Diesel Engine Joint Venture in China.
- Article from:
- China Weekly News
- Article date:
- November 10, 2009
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Navistar, Inc. and Anhui Jianghuai Automobile Co. Ltd. ("JAC") will explore a potential engine joint venture to develop, build and market advanced diesel engines for commercial vehicles in China. The potential joint venture, if formed, would have a 50/50 ownership between Navistar, a leading U.S.-based maker of commercial vehicles, motor coaches and diesel engines, and JAC, a leading China-based maker of commercial and consumer vehicles and engines.
The proposed JV would establish a research and design center in China's Anhui province for application engineering development, product design and technology advancements. Diesel engines produced by the new venture ...