News from International Automotive Components Group (IAC for short) says that it will build new plants in Beijing and Fuzhou in the next two years according to its original plans. IAC says the global financial turmoil has no effect on its business expansion in China.

IAC’s first Chinese joint venture plant is in Shanghai and opened in 1997 to supply Shanghai GM. Through many years’ development, the customers of IAC include BMW, Shanghai Volkswagen, Audi, Shanghai Automotive Industry Corp. and Zhejiang Geely Automobile Group, etc.

IAC opened Wuhan plant in 2008, Hubei province to supply instrument, door panels and other spare parts.

Source : english.chinabuses.com

Editor : Frederick

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Tags: IAC Expands Business China