Leoni AG, the leading an provider of cables and wiring systems to the automotive and other industries, Monday inaugurated its fourth factory in China.The plant is part of the German firm's plan to double local wiring systems turnover to 400 million ros ($552 million), a company executive said.Locate...

The new facility, which is expected to be finished in the next three years, will be used to produce truck and passenger vehicle tires to meet the rising demand from the Chinese market."We are also in talks with Shanghai Huayi (Group) Co and its subsidiary Double Coin Holdings Ltd about establishing ...