Hella to form Chinese joint venture with BAIC  [ China ]

The Hella Group announced that it reached a cooperation agreement for a planned joint venture with BAIC. Both partners aim to realize the joint venture by the end of 2012. As an essential component of this cooperation, Hella plans to involve its Chinese partner BAIC, via its company BHAP, as an equal partner in the future in the local subsidiary Hella Beifang Automotive Lighting Co. Ltd. (HBL) ...