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Consolidation as Dongfeng deals for Fujian Motor

By Han Tianyang ( China Daily ) Updated: 2013-05-20 07:40:52

Consolidation as Dongfeng deals for Fujian Motor

The planned investment company between Dongfeng and Fujian Motor will have a 50 percent stake in Soueast Motor. Photos provided to China Daily

In the biggest consolidation in the nation's fragmented auto industry since 2009, China's second-largest automaker Dongfeng Motor Corp agreed last week to become a shareholder in Fujian Motor Industry Group Co Ltd.

Consolidation as Dongfeng deals for Fujian Motor

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