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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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Automakers using more plastics to reduce weight and emissions

GUANGZHOU, CHINA – With China’s auto market booming and millions of new cars on the road, automakers are turning increasingly toward plastics to improve the environmental impact of so many new drivers. The automotive industry is increasingly viewing the lightweight, durable alternatives to metal and rubber as green. “We believe

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