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Dana capitalises on light vehicle demand in Asia Pacific

OEM expansion in the region creates opportunities for the driveline technology supplier

Driveline component supplier Dana’s new gear manufacturing facility in Rayong, Thailand, will focus its efforts on serving the Asia Pacific region’s demand for light vehicles (LV). A spokesperson for the company told Automotive World that the plant, opened in September 2015, would produce gears strictly for the Asia Pacific LV market, which despite a slowdown in China continues to see demand grow. According to a report from KPMG, LV sales across China, Japan, South Korea, India and the ASEAN totalled 34.5 million units in 2013 and should grow to 55.3 million units in 2018.

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https://www.automotiveworld.com/articles/dana-capitalises-light-vehicle-demand-asia-pacific/

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