Faurecia and Wuling form 50:50 JV for emission control systems in China

Faurecia SA and Liuzhou Wuling Automotive Industry Co. formed a 50:50 joint venture, Faurecia (Liuzhou) Emissions Control Technologies Co., to make and supply automotive emission control systems in China. The venture will incorporate four Wuling factories and supply SAIC GM Wuling Automobile Co.

“The partners predict the new venture will generate annual sales of 600 million yuan ($86 million) by 2023.”gardnerweb.com

• 1 source
• gardnerweb.comFaurecia, Wuling Launch Partsmaking Venture in China | Gardner Business MediaEdited by: GW Editorial TeamOct 29, 2018

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