Asian suppliers undeterred by European downturn

While European car sales fall to a 19-year low, two Asian suppliers have chosen to invest in the region. Toyota Boshoku’s European unit has increased its holding in its Polish joint venture TBMECA Poland, acquiring 24.9% of the 50% shares owned by partner MECAPLAST. This increases its stake from 30% Subscribe to Automotive World to … Continued

• By Megan Lampinen
• December 17, 2012