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Report: China Hi-Tech Group Company to buy NedCar in the Netherlands (?)

March 29, 2012 by Tycho de Feijter

Dutch financial newspaper FD.nl reported yesterday that the ‘China Hi-Tech Group Company’ (CHTC) wants to buy the NedCar car factory in the Netherlands. The factory is currently owned by Mitsubishi Motors that makes the Colt and Outlander at the facility. Mitsubishi however wants to stop production in the Netherlands at the end of this year and has offered the factory for sale.

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