China's Largest Auto Foundry Opens.Considered to be the largest of its kind in China, the Huadong Teksid Automobile Foundry A semiconductor manufacturer that makes chips for third parties. It may be a large chip maker that sells its excess manufacturing capacity or one that makes chips exclusively for other companies. Co. started operations for the manufacture of engine cylinders in May in Zhenjiang City, Jiangsu Province. It has signed supply deals with Shanghai Volkswagen, Shanghai GM Shanghai General Motors Company Limited (Shanghai GM) is a joint venture between General Motors and Shanghai Automotive Industry Corporation (SAIC). Shanghai GM manufactures and sells automobiles in mainland China. and Nanjing Iveco. The Huadong Teksid Automobile Foundry Co., a joint venture between Shanghai Automotive Industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. Group, Yuejin Automotive Group and Italy-based Teksid Group, is set to make 1 million engine cylinders annually. The companies invested $80.88 million in the foundry. The two Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
|
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion