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Vehicle owners in China care most for exterior and interior, says J.D. Power

SHANGHAI –Vehicle owners in China care most for vehicle exterior and interior, which accounted for 18 and 15 percent respectively of all reported problems, according to the J.D. Power 2017 China Vehicle Dependability StudySM (VDS) released on September 20. The study shows that the top three problems in vehicle exterior

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Continental celebrates 15th anniversary of CASS plant

SHANGHAI – Continental celebrated the 15th anniversary of Continental Automotive Systems Shanghai (CASS) plant located in Shanghai Jiading district, according to a company press release on August 18. Established in 2001, CASS plant manufactures products for Continental’s three automotive divisions: Chassis & Safety, Powertrain, and Interior. The total space of

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India’s Minda forms plastic parts JV with Shandong BAIC Haihua

NEW DELHI – India’s auto component producer Spark Minda group flagship firm, Minda Corp. Ltd., formed a joint venture with China’s Shandong BAIC Haihua Automobile Parts Co. (SBHAP). The 50:50 joint venture, christened as Minda China Plastic Solutions Ltd., is being formed between Minda KTSN, a 100 percent subsidiary of

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Faurecia: Chinese OEMs to account for a fifth of China sales by 2018

BEIJING – Faurecia, the world’s 7th largest automotive supplier by sales, expects its business with Chinese brand OEMs to account for a fifth of total China sales by 2018, nearly double the percentage last year, according to Jean-Michel Vallin, president of Faurecia China. Vallin made the comments at a media

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Magna can grow market share with new products and technologies, say senior execs

CHONGQING – Despite the ongoing market slowdown, Magna believes it can grow its market share in China by offering new products and technologies, according to senior executives from the Canadian supplier. Frank O’Brien, executive vice president, Asia, and David Mark Pascoe, vice president of engineering and R&D, shared Magna’s latest

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Faurecia and Dongfeng subsidiary to form components JV

SHANGHAI – French automotive supplier Faurecia and Dongfeng Hongtai, a majority-owned subsidiary of Dongfeng Motor Corp., signed a partnership agreement on March 27 to form a joint venture to develop, produce and sell automotive interior and exterior components, according to a Faurecia news release. The JV will serve Dongfeng and

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Benecke-Kaliko breaks ground on second plant in China

CHANGZHOU, Jiangsu – Benecke-Kaliko, a German supplier of surface materials for automotive interiors, has opened its second Chinese production facility here, according to a company news release. With an investment of almost €40 million ($50.7 million) for the first phase of the expansion, this is the largest investment in the

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IAC opens new Asia HQ and tech center in Shanghai

SHANGHAI – U.S. vehicle interiors supplier International Automotive Components (IAC) opened its Asia headquarters in Shanghai on June 6, according to a company news release. The new 30,000-square-foot headquarters houses the new technical center and will provide approximately 115 experienced professionals in engineering, administrative and sales roles and eventually employ

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Yanfeng Automotive Trim System and Johnson Controls form interiors JV

SHANGHAI – Yanfeng Automotive Trim Systems Co., Ltd. (Yanfeng), a wholly-owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), and Johnson Controls, a global multi-industrial company, announced the signing of a definitive agreement to form a global automotive interiors joint venture on May 19, according to a company press release.

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