US approves China company's acquisition of Delphi business | Shanghai Daily

Related News

Home » Business » Auto

US approves China company's acquisition of Delphi business

The Committee on Foreign Investment in the United States has formally approved the acquisition of Delphi's global production of braking systems and suspension parts by a Chinese company.

The acquisition by Beijingwest Industries Co. is to get approval from the Chinese government.

Beijingwest will maintain and develop the R&D and production of the two businesses and optimize domestic and overseas auto parts resources.




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend