More joint ventures, ailing from market upheaval, wind down – Automotive News

Southeast Motor, established in 1995, was previously a three-way partnership between Mitsubishi, Fujian Motor Industry Group Co.

Four months later, in August, Mazda shuttered a joint venture incorporated with China FAW Group Corp.

Mitsubishi builds three products in China – the Outlander, ASX and Eclipse crossovers.

Dongfeng Yueda Kia can build up to 750,000 vehicles annually at full capacity.

…Read the full story