HUAYU Automotive Systems turns Yanfeng Visteon Automotive Trim Systems into wholly owned subsidiary  [ China ]

HUAYU Automotive Systems Company Limited announced that it acquired a remaining 50 percent share in Yanfeng Visteon Automotive Trim Systems Co., Ltd. at the end of December 2013. As a result, HUAYU Automotive Systems has turned the joint venture with Visteon into its wholly owned subsidiary, and changed the subsidiary’s name to Yanfeng Automotive Trim Systems Co., Ltd. (From a press relea...