Changan Automobile to set up European design centre
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Tuesday, 02 Aug 2011
It is reported Chongqing Changan Automobile plans to inject EUR 14.5 million into its wholly owned European subsidiary, Changan Automobile Design Center in order to enhance its research and development.
Changan Automobile Design Center in Europe was established in 2005, with registered capital of EUR€100,000, and is engaged in vehicle design and development.
(Sourced from yicai.com)
