WORLD FOURTH LARGEST OF AUTO PARTS COMPANY LAUNCH CHINA
AsiaInfo Services, May, 2002
AsiaInfo Services 05-21-2002 World Fourth Largest of Auto Parts Company Launch China CHINA, May 21, 2002 (AsiaPort via COMTEX) -- Nippon Denso, the world 4th largest auto parts supplier, has reached a tentative agreement with theChina League of Auto Parts Markets on selling its products throughthe latter's vast marketing network. Nippon Denso, founded in 1949, is Toyota Motor Group's largest subsidiary auto parts provider.
Its worldwide income in 2001 reaped USD 160 billions, ranked the 4th in the world. Nippon Denso has already established venture companies inTianjin, Yantai, and Chongqing. After years of marketinvestigation, it decided to collaborate with the China Leagueof Auto Parts Markets so as to make good use of the league'sexisting vast marketing...
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