# Wuling Motors and Faurecia form automotive interior joint venture

Wuling Motors' subsidiary Wuling Industry and Faurecia (China) signed a joint venture agreement to establish Faurecia (Liuzhou) Automotive Interior Systems Co., Ltd., each owning 50% with a registered capital of CNY 300 million.

- Type: Acquisition
- Announced: 2017-11-29
- Where: Liuzhou, China
- Value: $45.3M (300.0M CNY)
- Status: announced
- Products: automotive interior systems, cockpits, instrument panels, door panels, acoustic and soft trim
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Wuling Motors](https://endata.com/companies/17946.md)
- [Faurecia](https://endata.com/companies/1483.md) (partner)
- [Faurecia (China) Holding Co., Ltd.](https://endata.com/companies/28449.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/93622.html), 2017-11-29: "成立合资公司与汽车配件及零部件业务的全球龙头制造商佛吉亚合作，将为五菱工业集团带来所需技术支援。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.