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Faurecia and Liuzhou Wuling Automotive Industry Co., Ltd. established a 50/50 joint venture, Faurecia (Liuzhou) Emissions Control Technologies Co., Ltd., to produce automotive exhaust systems. The JV will integrate four existing plants in China and target 600 million CNY turnover by 2023.
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.