Korea Delphi to establish production joint-venture in Russia  [ Russia ]

Korea Delphi announced that it will establish a new plant in Tolyatti, Russia jointly with a Russian company. The joint venture will produce radiators, condensers and engine cooling modules for automakers such as AvtoVAZ, GM-AvtoVAZ and Ford. The new company's sales are expected to reach KRW 221.3 billion by 2020. Investment in the joint venture is estimated to reach KRW 7.9 billion. (From a pr...
<Jan 21, 2014>