CHINA: Beijing Jeep denies DC relocation rumours
A Dow Jones report says that Beijing Jeep officials are denying speculation that DaimlerChrysler is planning a reorganisation to its Asian operations that would transfer its Beijing Jeep manufacturing operations to Southeast Asia - most likely to the Philippines. A Beijing Jeep Corporation (BJC) spokesman told Dow Jones that the two companies (BJC and DC) had signed an agreement earlier this month to extend their joint venture partnership for another thirty years and that they were waiting for Chinese government approval.
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