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Marelli and Shanghai Highly signed a memorandum of intent to form a joint venture operating Marelli's compressor and HVAC business, with a definitive agreement targeted for January 2020.
Rheinmetall Automotive's KS Kolbenschmidt signed a licence agreement with ZYNP to produce and market commercial vehicle steel pistons in China, with a new plant in Mengzhou, Henan province, funded by an unspecified double-digit million euro investment.