# Asia-Pacific Mechanical to supply brake calipers to Groupe PSA

Zhejiang Asia-Pacific Mechanical & Electronic signed a contract to supply front calipers for PSA's Common Modular Platform to PSA's Wuhan factories. The deal is expected to generate CNY 480 million in new sales over five years.

- Type: Contract
- Announced: 2020-12-15
- Where: Wuhan, Hubei, China
- Value: $73.3M (480.0M CNY)
- Status: announced
- Products: front calipers for brake systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang Asia-Pacific Mechanical & Electronic](https://endata.com/companies/51872.md)
- [Groupe PSA](https://endata.com/companies/718.md) (customer)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-asia-pacific-mechanical-gains-on-car-parts-supply-deal-with-france-psa), 2020-12-15: "The deal is likely to generate CNY480 million (USD73.3 million) in new sales for Asia-Pacific Mechanical, it said."

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