December 2006

December 29, 2006 Automotive News - Chrysler signs with Chery, intends to build small car in China
“Some Chrysler group dealers will get a small car under a letter of intent signed by CEO Tom LaSorda with Chinese automaker Chery Automobile Co. The agreement still has to be approved by the DaimlerChrysler supervisory board, which meets in January, and the Chinese government, according to Chrysler spokesman Jason Vines...“

December 20, 2006 Automotive News - Delphi sets up $40 million China parts venture
“Bankrupt U.S. auto parts maker Delphi Corp. said today it will set up a $40 million auto parts venture in China with Hebei Lingyun Industrial Group, a local company, to boost sales there. Delphi will hold 60 percent of the half-shaft manufacturing company in the eastern Chinese province of Anhui...”

December 19, 2006 Plastics News - D-M-E opens logistics center in China
“D-M-E Co. has opened a warehouse and logistics center in Shenzhen that will allow it to get its mold-making components to toolmakers faster and cheaper. The U.S.-based company has had a sales office in Hong Kong for 20 years, but with the launch of its wholly owned subsidiary D-M-E Trading Co. Ltd., it will be able to provide a faster response to its customers in China, said the D-M-E’s president...”

December 19, 2006 Plastics News - Arburg opens its third office in China
“German injection press maker Arburg GmbH is beefing up its operations in the Pearl River Delta manufacturing zone by opening its third sales and service center in China...”

December 7, 2006 Automotive News - TRW unit opens Beijing plant
“TRW Automotive said its subsidiary TRW Fawer Automobile Safety Systems has established a plant in Beijing. The plant will produce chassis modules for Beijing Benz-DaimlerChrysler Automotive...”

December 4, 2006 Automotive News - Mahle boosts exports from China to Japan
“Mahle GmbH will increase engine-component exports from China to its plants in Japan to take advantage of lower manufacturing costs, says Michael Brenner. He is senior executive officer for commercial vehicle sales at Mahle Japan Ltd...”

December 4, 2006 Automotive News Mitsubishi could export engine parts from China
“Mitsubishi Motors Corp. may export engine parts from China to its plants in Japan, Thailand or the United States...”

December 4, 2006 Automotive News - Dongguan Jeco will supply Toyota Corolla
“Dongguan Jeco Co. will supply instrument-panel parts for the redesigned Toyota Corolla to be built at Tianjin FAW Toyota Motor Co., says a Jeco manager who asked not to be identified...”

 

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