GKN anticipates escalating AWD demand in China

Data from Marketsandmarkets suggests that the global market for all-wheel drive (AWD) systems will grow at a CAGR of 7.75% between 2014 and 2020, with China highlighted as a major contributor. As a result, a number of suppliers including GKN are investing in production facilities for AWD systems.

In 2015, GKN’s Chinese joint venture (JV) with Huayu Automotive, called Shanghai GKN Huayu Driveline Systems (SDS), said it was investing