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Strengthening of Continental Brake Business

Continental Teves plans a joint venture with the Shanghai Automotive Brake Company (SABC) – subject to the approval of the Chinese authorities. The aim is to provide the market with a complete brake systems package from one source. SABC already manufactures Continental Teves brake components under license, and produces components for both Volkswagen and General Motors.

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Related news:

  1. Benecke-Kaliko Agrees Chinese Joint Venture
  2. Conti Misses Mark in China Sales
  3. Dax Return Makes an Impact for Continental
  4. Conti to Build Rs 1 billion Automotive Plant in India
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Michelin In Chinese Joint Venture?

There are reports that Michelin is on the verge of forming a joint venture with Chinese tyre maker Shanghai Huayi Group Corporation (SHGC). Michelin would not comment, but SHGC has been quoted locally as saying that the deal has been done and is waiting formal government approval.

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Related news:

  1. Michelin Suspends Production At Shanghai
  2. Michelin Resumes Shanghai Tyre Production
  3. Challenge Bibendum Returns to China in 2007
  4. Goodway Considers Chinese Compounding Plant
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