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Mitsubishi Motors and Harbin China powertrain venture in technology licensing agreement

Clipped to the Drawing Board by Administrator  
Mitsubishi Motors Corporation yesterday signed a technology licensing agreement with its powertrain JV enterprise in China Harbin Dongan Automotive Engine Manufacturing Co., Ltd. for 4- and 5-speed automatic transmissions.

Dongan Automotive began construction work on a new factory in March this year that is scheduled to commence production in April 2010. The new facility will have an annual production capacity of 150,000 units and will produce 50,000 units in its first year of operation. With this addition, the Dongan plant's combined capacity will risse to 300,000 units / year. In 2007, the plant had sales volume of 280,000 units.
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Saturday 28 June, 2008 06:52 AM
 
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