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Brazil: China Auto Systems forms JV with local partners

China Automotive Systems has announced that it is to form a joint venture in Brazil to target the growing power steering and systems market in the country. The new joint venture, which will be 80% owned by China Automotive Systems' wholly own subsidiary, Hengsheng, will be based in Sao Paulo and Subscribe to Automotive World … Continued

China Automotive Systems has announced that it is to form a joint venture in Brazil to target the growing power steering and systems market in the country.

The new joint venture, which will be 80% owned by China Automotive Systems' wholly own subsidiary, Hengsheng, will be based in Sao Paulo and

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https://www.automotiveworld.com/articles/90010-brazil-china-auto-systems-forms-jv-with-local-partners/

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