Delphi to invest $40 mln to expand China output

Newswire

SHANGHAI, Feb 24 (Reuters) - Delphi Corp , the world's largest supplier of auto parts, will invest $40.5 million to enlarge an existing components plant near Shanghai to supply the world's fastest-growing major auto market. Delphi, which has now invested just under $500 million in more than a dozen factories around the country, expects that new capacity to come on-stream in the third quarter of 2004, the company said in a statement seen by Reuters on Tuesday. The plant in Suzhou, an ...

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