Tag Archives: German car parts suppliers

German car parts suppliers told to form JVs in China

German car parts suppliers told to form JVs in China

by Christoph Steitz, Edward Taylor, Andreas Cremer in FRANKFURT and Samuel Shen in SHANGHAI

Three German car parts suppliers have been told by China they can no longer manage their Chinese units independently but need to form partnerships with local peers, the chief executive of auto parts maker ElringKlinger told a German paper.