Delphi(China): half shell production to be doubled in '08

World-renowned parts manufacturer Delphi Corporation announced yesterday that the Group is to establish a new joint venture group with Chinese auto-parts manufacturers Linyun Industrial Co. Ltd, to supply products to the Asia-Pacific market, and its half shell production capacity in China is expected to be doubled after putting into operation in 2008.

New joint ventures will be located in Wuhu, Anhui Province, Linyun Industrial Co. Ltd, and Delphi Group will hold 40% and 60% shares. This is the second joint venture between the two sides in 10 years. The new enterprise will be known as Shajinuo Linyun half shell (Wuhu) Co. Ltd, with an investment of 40 million dollars and covering more than 10,000 square meters.