October 18, 2017 / 1:00 PM / 8 months ago

BRIEF-Magna forms E-Powertrain joint venture in China

* Magna forms E-Powertrain joint venture in China

* Magna International - ‍has entered into a JV agreement with Huayu Automotive Systems Co, a subsidiary of Saic Motor​

* Magna International Inc - ‍JV will initially produce an electric-drive powertrain system for a German automaker​ Source text for Eikon: Further company coverage:

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