Magna forms joint venture in China  [ China ]

Magna International Inc., through its Magna Exteriors operating unit, and Chongqing Guangneng Rongneng Trim Co., Ltd., announced the formation of a 50/50 joint-venture partnership. The newly formed JV, called Magna Guangneng Automotive Trim System (Hangzhou) Co., Ltd., will begin supplying the China automotive market through a new facility located in Hangzhou, China. The facility will assemble ...
<Feb 03, 2014>