February 19, 2016
MTU Friedrichshafen and Guangxi Yuchai Machinery Company will set up a 50/50 joint venture to manufacture MTU diesel engines in China.
MTU Friedrichshafen, a subsidiary of Rolls-Royce Power Systems, and Guangxi Yuchai Machinery (GYMCL), part of China Yuchai International Limited, will each invest €10.5 million in the joint venture.
The joint venture will be based at Guangxi’s primary manufacturing facilities in Yulin City in Guangxi Province, southern China. Production is expected to start in 2017 and