Magna Exteriors and Interiors is forming a 3-party joint venture to purchase an injection-molding and painting facility in Wuhu, in Southeast China’s Anhui province. Magna will own 51% of the JV, called MCC Wuhu Exteriors. Changsu Automotive Trim will control 34% and Chery Tech, 15%. The 300,000-sq.-ft. (27,870-sq.-m) facility reported RMB276.6 million ($43 million) in revenues in 2010. It employs about 600 people and supplies Chery Automobile, its primary customer, with front and rear ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!

For pricing and subscription information please contact
LisaWilliamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.