Key Safety Systems and Chery Automobile Company Sign Memorandum of Understanding for Advanced Safety Restraint System Development for Export Markets.(Company overview)
PR Newswire Europe, April, 2006
SHANGHAI, China, April 25 /PRNewswire/ --
Key Safety Systems, Inc. ("KSS") -- a leader in global automotive safety systems and components -- has signed a Memorandum of Understanding (MOU) with Chery Automobile Company (Chery), located in Wuhu city of the Anhui Province in P.R. China. This MOU sets forth a framework for both KSS and Chery to establish a strategic partnership for the design and development of advanced automotive safety system solutions for Chery vehicles to meet the requirements of the global markets, including North America and Europe.
(Photo: http://www.newscom.com/cgi-bin/prnh/20060425/DETU028 )
"We are extremely excited about this MOU signing and look forward to working closely with Chery on their advanced safety system...
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