SPAIN: Grupo Antolin and NHK Spring’s Thai unit to set up auto headliners JV
Grupo Antolin and NHK Spring's Thai unit are establishing a joint venture (JV) in Thailand to manufacture automotive headliners. The new company will be based in Bangkok and will be named NHK Antolin Thailand.
NHK Antolin Thailand will manufacture components for the major automakers in Thailand - Ford, Nissan, Honda, General Motors, Isuzu and Mitsubishi, reported Plastics News. The new company will employ around 100 people and is anticipated to generate a turnover of EUR23m (US$29.5m) in 2014.
Antolin said in a statement: "This joint venture marks an important milestone and allows us to reinforce our positioning in Southeast Asia, a region of sustained growth with a suggestive and promising market." Antolin added that Thailand will manufacture 2m cars by the end of this year and aims to reach 3m in 2016.
Antolin added: "(The JV) will enable us to become a major player in Thailand in the field of headliner development and manufacturing."
The partnership between Grupo Antolin and NHK Spring started when Antolin sold a technological licence to NHK Spring in August 2008 to make headliners.
Car Manufacturing in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2007-11, and forecast to 2016). T...
The media days for the 2013 Frankfurt Internationale Automobil-Ausstellung (IAA) are 10 & 11 September. Each of the following vehicles is a world premiere at the show....
Honda Motor said subsidiary Honda de Mexico will build a CVT automatic transmission plant alongside the car plant it is constructing in Celaya, near Guanajuato, Mexico. The complex will start Fit [Jaz...
- Jaguar Land Rover's lightweight future
- INTERVIEW: Ford of Europe's chief, Stephen Odell
- THE WEEK THAT WAS: Musical chairs
- ANALYSIS: Scale and mega-platforms
- INTERVIEW: Ford UK fleet director, Phil Hollins
- 'One Ford' has kept us alive in Europe
- GENEVA: Apple launches car iOS
- GENEVA: Jaguar names 'small' saloon XE
- JLR reported close to Saudi Arabia factory deal
- GENEVA SHOW: World premieres [final list]
- Tesla: The Californian start-up that made head way on the automotive giants
- Dacia: The no frills automotive brand, that is becoming a serious world contender
- Global light vehicle HVAC market 2008 to 2028
- China’s One-Child Policy is Shaping a New Automotive Landscape
- PLDB - vehicle cycle plan database (annual subscription)