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BRIEF-Wuling Motors' unit enters JV agreement with Faurecia (China)
July 3, 2017 / 11:42 AM / in 3 months

BRIEF-Wuling Motors' unit enters JV agreement with Faurecia (China)

July 3 (Reuters) - Wuling Motors Holdings Ltd

* Unit entered into JV agreement with Faurecia (China)

* Total registered capital of JV company is RMB150 million

* Wuling Industrial and Faurecia (China) will each contribute cash in amount of RMB75 million respectively

* Deal in relation to establishment of JV company owned 50 pct by each of Wuling Industrial And Faurecia (China) Source text (bit.ly/2uh59s1) Further company coverage:

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