China: Chery and Valeo said to plan lighting JV

Local media sources have reported that Wuhu Chery Technology, a wholly-owned subsidiary of Chery Automobile, has recently agreed a deal regarding the formation of a joint venture with Valeo. As part of the partnership, Wuhu Chery Technology is said to be divesting its 80% holding in Wuhu Ruby Automotive Lighting Systems Subscribe to Automotive World … Continued

• By Webmaster
• November 24, 2011