THE WEEK THAT WAS: JCI's Chinese interiors joint venture
Johnson Controls' announcement of a global joint venture with a Chinese interiors supplier attracted much interest from just-auto readers this week as you'd expect. Yanfeng Automotive Trim Systems is a wholly-owned subsidiary of Huayu Automotive Systems, the component group of Shanghai Automotive Industry Corporation, Chinese JV partners of General Motors and Volkswagen, so this is a partnership of two real auto industry biggies.
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