BRIEF-Guangzhou Automobile Group's JV with Mitsubishi Motors to kick off engine project

March 28 (Reuters) - Guangzhou Automobile Group Co Ltd

* Says board approves its joint venture with Mitsubishi

Motors Corp to kick off engine project with investment

at 1.5 billion yuan ($217.90 million)

Source text in Chinese:

Further company coverage:

($1 = 6.8838 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)