CHINA: First Auto Works to make Daihatsu SUVs
China's First Automotive Works Group Corp (FAW), the country's biggest vehicle maker, has signed a co-operation agreement with Japan's Toyota-controlled Daihatsu Motor Co Ltd to make sport utility vehicles (SUVs) in China, Xinhua news agency said. The agency said the Terios will be the first produced under the co-operation agreement with assembly expected to start in the second half of 2003.
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