Plan to sell plant

March 17, 2009, Tuesday |

Print Edition

CHINA FAW Group Corp, the country's second-biggest auto maker, will sell its plant in Chengdu to its venture with Volkswagen AG for 502 million yuan (US$73 million).

China FAW released the price in a statement to the Tianjin Property Rights Exchange, through which it will sell the plant.

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Plan to sell plant

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