Asimco Technologies, China’s largest independent manufacturer of automotive and heavy-duty truck components, is reported by Reuters to be up for sale, with a deal price in excess of US$200m expected. Asimco, which currently has sales of around US$500m, has secured a high profile since being established by ex-Paine Webber investment …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.
Next steps