It has been confirmed that BeijingWest Industries of China will purchase the remaining global suspension of Delphi Corp; this acquisition is regarded as part of its rebuilding plan.

In the e-mail replying to China Daily on April 1^st, this US auto parts supplier said its portfolio transformation, asset sale and purchase agreement have already been made.

BeijingWest Industries is owned by a state-owned company Shougang Group, Bao’an Investment and Development Co Ltd and Beijing municipal government, all of Read more…

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Beijing, China, Delphi, economy, industry, plan, suspension